Hunan Friendship&Apollo Commercial Co.,Ltd.’s Net Profit Rose 15.9% in First Half of 2023

Hunan Friendship&Apollo Commercial Co.,Ltd. (湖南友谊阿波罗商业股份有限公司) (002277.SZ) reported a net profit of 71.9 million yuan in the first half of 2023, up 15.9% year-on-year.

Meanwhile, the company posted 691.9 million yuan in revenue, down 37.5% year-on-year.

At the end of the reporting period, it had 14.9 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.