China Quanjude(Group) Co.,Ltd. Posted 26.6 Million Yuan Net Profit in First Half of 2023

China Quanjude(Group) Co.,Ltd. (中国全聚德(集团)股份有限公司) (002186.SZ) reported a net profit of 26.6 million yuan in the first half of 2023, reversing a net loss of 160.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 667.9 million yuan in revenue, up 104.1% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 731.8 million yuan in total liabilities, with a liability-to-asset ratio of 47.8%.