Wuxi Commercial Mansion Grand Orient Co.,Ltd.’s Net Profit Dropped 21.2% in First Half of 2023

Wuxi Commercial Mansion Grand Orient Co.,Ltd. (无锡商业大厦大东方股份有限公司) (600327.SH) reported a net profit of 143.5 million yuan in the first half of 2023, down 21.2% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 13.9% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.