Chongqing Department Store released its 2026 half-year report. First-half net profit attributable to the parent company was 446 million yuan, down 42.3% year on year. Operating revenue was 7.587 billion yuan, down 5.65% year on year. Net profit attributable to the parent after deducting non-recurring items was 472 million yuan, down 34.5% year on year. Net operating cash flow was 1.373 billion yuan, up 62.6% year on year. Second-quarter operating revenue was 3.51 billion yuan, down 6.9% year on year, and net profit attributable to the parent was 167 million yuan, down 44.0% year on year. The company said that due to market fluctuations, the fair value of securities investments held at the end of the period fell sharply. Fair value change gains decreased by 92.51 million yuan year on year, and investment income fell 68.25% year on year.
Chongqing Department Store Co LtdFirst-half net profit fell 42.3% year on year due to lower investment income and fair value losses.
