Youngor Group Co.,Ltd.’s Net Profit Dropped 31.6% in First Half of 2023

Youngor Group Co.,Ltd. (雅戈尔集团股份有限公司) (600177.SH) reported a net profit of 2.2 billion yuan in the first half of 2023, down 31.6% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, down 38.5% year-on-year.

At the end of the reporting period, it had 82 billion yuan in total assets and 42.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.