Zhitong Financial APP News, Shanghai 600838.SH issued a pre-increase announcement on its performance for the first half of 2023. It is expected that the company will achieve a net profit of 33.4488 million yuan to 35.6068 million yuan attributable to the owner of the parent company in 2023, an increase of 11.8689 million yuan to 14.0269 million yuan compared with the same period last year, an increase of 55 to 65 percent. After deducting non-recurring profit and loss, the company expects the net profit attributable to the owner of the parent company to be 33.4688 million yuan to 35.6268 million yuan in 2023, an increase of 12.1601 million yuan to 14.3181 million yuan compared with the same period last year, and an increase of 57% to 67% compared with the same period last year.

The pre-increase of the company's performance is mainly due to the continuous recovery of economic operation and the gradual recovery of the commercial and retail market. The performance of "Shanghai 900 City Plaza Co., Ltd." and "Shanghai Jiuguang Department Store Co., Ltd." invested by the company showed a substantial increase compared with the same period in 2022.