Beijing Hualian Department Store Co.,Ltd. Posted 27.5 Million Yuan Net Profit in First Half of 2023

Beijing Hualian Department Store Co.,Ltd. (北京华联商厦股份有限公司) (000882.SZ) reported a net profit of 27.5 million yuan in the first half of 2023, reversing a net loss of 46.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 577.9 million yuan in revenue, down 10.9% year-on-year.

At the end of the reporting period, it had 12 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.