Beijing Hualian Department Store Co.,Ltd. Posted 48.4 Million Yuan Net Profit in First Three Quarters of 2023

Beijing Hualian Department Store Co.,Ltd. (北京华联商厦股份有限公司) (000882.SZ) reported a net profit of 48.4 million yuan in the first three quarters of 2023, reversing a net loss of 46.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 830.2 million yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.2%.