Wangfujing Group Co.,Ltd.’s Net Profit Rose 50.3% in First Half of 2023

Wangfujing Group Co.,Ltd. (王府井集团股份有限公司) (600859.SH) reported a net profit of 545 million yuan in the first half of 2023, up 50.3% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 38.4 billion yuan in total assets and 18.1 billion yuan in total liabilities, with a liability-to-asset ratio of 47.1%.