Vats Liquor Chain Store Management Joint Stock Co.,Ltd.’s Net Profit Dropped 51.5% in First Half of 2023

Vats Liquor Chain Store Management Joint Stock Co.,Ltd. (华致酒行连锁管理股份有限公司) (300755.SZ) reported a net profit of 156.7 million yuan in the first half of 2023, down 51.5% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.