Sanquan Food Co.,Ltd.’s Net Profit Rose 48.5% in First Quarter of 2022

Sanquan Food Co.,Ltd. (三全食品股份有限公司) (002216.SZ) reported a net profit of 260.9 million yuan in the first quarter of 2022, up 48.5% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.