Nanjing Xinjiekou Department Store Co.,Ltd.’s Net Profit Dropped 31.4% in First Three Quarters 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 500.7 million yuan in the first three quarters of 2023, down 31.4% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 2% year-on-year.

At the end of the reporting period, it had 25.8 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 27.1%.