Jiajia Food Group Co.,Ltd.’s Net Profit Dropped 98.7% in First Quarter of 2022

Jiajia Food Group Co.,Ltd. (加加食品集团股份有限公司) (002650.SZ) reported a net profit of 555,810 yuan in the first quarter of 2022, down 98.7% year-on-year.

Meanwhile, the company posted 515.3 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 303.4 million yuan in total liabilities, with a liability-to-asset ratio of 10.6%.