Bestore Co.,Ltd.’s Net Profit Dropped 2.9% in First Half of 2023

Bestore Co.,Ltd. (良品铺子股份有限公司) (603719.SH) reported a net profit of 189.4 million yuan in the first half of 2023, down 2.9% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 18.5% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 47.7%.