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Here's Why Maoye Commercial (SHSE:600828) Is Weighed Down By Its Debt Load
Maoye Commercial's operational update for the first half of 2024.
Maoye Commercial Semi-annual Report for 2024
Maoye Commercial 2024 Semi-Annual Report Summary
Maoye Commercial (600828.SH): The net income in the first half of the year was ¥0.152 billion, a 17.59% decrease year-on-year.
Maoye Commercial (600828.SH) released its semi-annual report on August 16th, reporting a revenue of 1.57 billion yuan, down 10.74% year-on-year. The net income attributable to shareholders of listed companies was 0.152 billion yuan, down 17.59% year-on-year, while the net income after deducting non-recurring gains and losses attributable to shareholders of listed companies was 0.131 billion yuan, an increase of 20.75% year-on-year. The company is continuously promoting digital transformation and upgrading by utilizing internet-related technology and platforms. Through digital empowerment of management, the digitization of the entire supply chain and category management from membership management, marketing, service, sales to back-office operations continues to be promoted.
Some Confidence Is Lacking In Maoye Commercial Co., Ltd.'s (SHSE:600828) P/S
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