Chengdu Hongqi Chain Co.,Ltd.’s Net Profit Rose 15.2% in First Half of 2023

Chengdu Hongqi Chain Co.,Ltd. (成都红旗连锁股份有限公司) (002697.SZ) reported a net profit of 256.8 million yuan in the first half of 2023, up 15.2% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, up 2.5% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 50.1%.