Bright Dairy&Food Co.,Ltd.’s Net Profit Rose 116% in First Quarter of 2022

Bright Dairy&Food Co.,Ltd. (光明乳业股份有限公司) (600597.SH) reported a net profit of 187 million yuan in the first quarter of 2022, up 116% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, up 3.7% year-on-year.

At the end of the reporting period, it had 24 billion yuan in total assets and 13.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.9%.