Nanjing Xinjiekou Department Store Co.,Ltd.’s Net Profit Dropped 15.2% in First Half of 2023

Nanjing Xinjiekou Department Store Co.,Ltd. (南京新街口百货商店股份有限公司) (600682.SH) reported a net profit of 400.3 million yuan in the first half of 2023, down 15.2% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 25.9 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.4%.