Hebei Yangyuan Zhihui Beverage Co.,Ltd.’s Net Profit Dropped 29.1% in First Quarter of 2022

Hebei Yangyuan Zhihui Beverage Co.,Ltd. (河北养元智汇饮品股份有限公司) (603156.SH) reported a net profit of 523.7 million yuan in the first quarter of 2022, down 29.1% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 8.4% year-on-year.

At the end of the reporting period, it had 14.7 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 11.7%.