Xiangpiaopiao Food Co.,Ltd. Posted 129.2 Million Yuan Net Loss in First Half of 2022

Xiangpiaopiao Food Co.,Ltd. (香飘飘食品股份有限公司) (603711.SH) reported a net loss of 129.2 million yuan in the first half of 2022, widening 107.5% year-on-year.

Meanwhile, the company posted 859.1 million yuan in revenue, down 21.1% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 36.3%.