Chongqing Department Store Co.,Ltd.’s Net Profit Rose 14.6% in First Quarter of 2023

Chongqing Department Store Co.,Ltd. (重庆百货大楼股份有限公司) (600729.SH) reported a net profit of 482.1 million yuan in the first quarter of 2023, up 14.6% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 18.3 billion yuan in total assets and 12.6 billion yuan in total liabilities, with a liability-to-asset ratio of 68.8%.