Tongqinglou Catering Corporation Limited.’s Net Profit Rose 589.5% in First Half of 2023

Tongqinglou Catering Corporation Limited. (同庆楼餐饮股份有限公司) (605108.SH) reported a net profit of 145.6 million yuan in the first half of 2023, up 589.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 45.2% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.4%.