Haixin Foods Co.,Ltd.’s Net Profit Rose 58.6% in First Quarter of 2022

Haixin Foods Co.,Ltd. (海欣食品股份有限公司) (002702.SZ) reported a net profit of 19.3 million yuan in the first quarter of 2022, up 58.6% year-on-year.

Meanwhile, the company posted 378.2 million yuan in revenue, down 9.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 660.1 million yuan in total liabilities, with a liability-to-asset ratio of 44.6%.