Nanning Department Store Co.,Ltd. Posted 10.6 Million Yuan Net Loss in First Half of 2023

Nanning Department Store Co.,Ltd. (南宁百货大楼股份有限公司) (600712.SH) reported a net loss of 10.6 million yuan in the first half of 2023, narrowing 24.3% year-on-year.

Meanwhile, the company posted 341.8 million yuan in revenue, up 2.1% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 728.4 million yuan in total liabilities, with a liability-to-asset ratio of 47.3%.