Hefei Department Store Group Co.,Ltd.’s Net Profit Rose 124.1% in First Half of 2023

Hefei Department Store Group Co.,Ltd. (合肥百货大楼集团股份有限公司) (000417.SZ) reported a net profit of 299 million yuan in the first half of 2023, up 124.1% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, up 9.9% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 7.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.7%.