Yihai Kerry Arawana Holdings Co.,Ltd.’s Net Profit Dropped 87.9% in First Quarter of 2022

Yihai Kerry Arawana Holdings Co.,Ltd. (益海嘉里金龙鱼粮油食品股份有限公司) (300999.SZ) reported a net profit of 220.3 million yuan in the first quarter of 2022, down 87.9% year-on-year.

Meanwhile, the company posted 56.5 billion yuan in revenue, up 10.7% year-on-year.

At the end of the reporting period, it had 217.6 billion yuan in total assets and 126.4 billion yuan in total liabilities, with a liability-to-asset ratio of 58.1%.