Wens Foodstuff Group Co.,Ltd. Posted 3.6 Billion Yuan Net Loss in First Half of 2022

Wens Foodstuff Group Co.,Ltd. (温氏食品集团股份有限公司) (300498.SZ) reported a net loss of 3.6 billion yuan in the first half of 2022, widening 43.4% year-on-year.

Meanwhile, the company posted 31.5 billion yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 95.2 billion yuan in total assets and 62.5 billion yuan in total liabilities, with a liability-to-asset ratio of 65.7%.