Maoye Commercial Co.,Ltd.’s Net Profit Rose 154.7% in First Three Quarters of 2023

Maoye Commercial Co.,Ltd. (茂业商业股份有限公司) (600828.SH) reported a net profit of 184.4 million yuan in the first three quarters of 2023, up 154.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 19.8 billion yuan in total assets and 12.1 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.