Henan Kedi Dairy Co.,Ltd.’s Net Profit Rose 529.6% in First Quarter of 2022

Henan Kedi Dairy Co.,Ltd. (河南科迪乳业股份有限公司) (002770.SZ) reported a net profit of 25.6 million yuan in the first quarter of 2022, up 529.6% year-on-year.

Meanwhile, the company posted 125.5 million yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 90.7%.