Shanghai Xujiahui Commercial Co.,Ltd. Posted 39 Million Yuan Net Profit in First Half of 2023

Shanghai Xujiahui Commercial Co.,Ltd. (上海徐家汇商城股份有限公司) (002561.SZ) reported a net profit of 39 million yuan in the first half of 2023, reversing a net loss of 4.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 275.4 million yuan in revenue, up 31.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 495.9 million yuan in total liabilities, with a liability-to-asset ratio of 18%.