Anji Foodstuff Co.,Ltd.’s Net Profit Dropped 78.5% in First Quarter of 2022

Anji Foodstuff Co.,Ltd. (安记食品股份有限公司) (603696.SH) reported a net profit of 2.9 million yuan in the first quarter of 2022, down 78.5% year-on-year.

Meanwhile, the company posted 108.9 million yuan in revenue, down 16.5% year-on-year.

At the end of the reporting period, it had 624.8 million yuan in total assets and 73.5 million yuan in total liabilities, with a liability-to-asset ratio of 11.8%.