Maoye Commercial Co.,Ltd.’s Net Profit Rose 32.2% in First Half of 2023

Maoye Commercial Co.,Ltd. (茂业商业股份有限公司) (600828.SH) reported a net profit of 188.2 million yuan in the first half of 2023, up 32.2% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 4.1% year-on-year.

At the end of the reporting period, it had 20.1 billion yuan in total assets and 12.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.5%.