Dashang Co.,Ltd.’s Net Profit Dropped 18.4% in First Half of 2023

Dashang Co.,Ltd. (大商股份有限公司) (600694.SH) reported a net profit of 395.3 million yuan in the first half of 2023, down 18.4% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 18.3 billion yuan in total assets and 9.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.6%.