Wangfujing Group Co.,Ltd.’s Net Profit Rose 78.7% in First Three Quarters of 2023

Wangfujing Group Co.,Ltd. (王府井集团股份有限公司) (600859.SH) reported a net profit of 699.8 million yuan in the first three quarters of 2023, up 78.7% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, up 9.4% year-on-year.

At the end of the reporting period, it had 40 billion yuan in total assets and 19.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.8%.