600697.SH released its semi-annual report for 2023, with operating income of 3.637 billion yuan during the reporting period, an increase of 2.52% over the same period last year. Net profit belonging to shareholders of listed companies was 12.2647 million yuan, turning losses into profits over the same period last year. Net profit belonging to shareholders of listed companies after deducting non-recurring profits and losses was 5.5231 million yuan, turning losses into profits over the same period last year.
During the reporting period, with the recovery of the consumer market, the operating income and total profits of the company's department stores increased compared with the same period. At the same time, due to the lower base of net profit belonging to shareholders of listed companies in the same period last year and the lower base of net profit after deducting non-recurring profits and losses belonging to listed companies, the increase in this period is relatively large. The increase in net cash generated by operating activities over the same period was mainly due to an increase in cash received from sales of goods, provision of services and other cash related to operating activities over the same period.