The report stated that the change in operating income was mainly telegram saudi arabia due to the impact of the market environment and the decrease in merchandise sales revenue of Hangzhou Department Store.
According to information, Baida Group Co., Ltd. was established in 1992 and is located at No. 546 Yan'an Road, Gongshu District, Hangzhou City, Zhejiang Province. It is an enterprise whose main business is commodity retail and its main business format is department stores.
On August 16, Maoye International announced that for the six months ended June 30, 2024, the company's sales revenue was 3.3637 billion yuan, a year-on-year decrease of 13.4%; the total rental income was 632.9 million yuan, a year-on-year increase of 14.1%.
During the period, Maoye International's total operating income was 3.0183 billion yuan, a year-on-year increase of 7.1%; net profit was 115.6 million yuan, a year-on-year increase of 20.3%.
In the six months ended June 30, 2024, the Group operated and managed 49 stores in 21 cities across the country, with a total construction area of approximately 3.1 million square meters, of which the operating area of its own properties accounted for 78.1%, and the proportion of construction area leased from related parties reached 84.5%.