Ccoop Group Co.,Ltd. Posted 215 Million Yuan Net Loss in First Half of 2023

Ccoop Group Co.,Ltd. (供销大集集团股份有限公司) (000564.SZ) reported a net loss of 215 million yuan in the first half of 2023, reversing a net profit of 141.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 678 million yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 29.4 billion yuan in total assets and 16 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.