Deluxe Family Co.,Ltd. Posted 20.8 Million Yuan Net Loss in First Half of 2023

Deluxe Family Co.,Ltd. (华丽家族股份有限公司) (600503.SH) reported a net loss of 20.8 million yuan in the first half of 2023, reversing a net profit of 92.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 43.2 million yuan in revenue, down 68% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 815.1 million yuan in total liabilities, with a liability-to-asset ratio of 18.2%.