Daodaoquan Grain And Oil Co.,Ltd. Posted 36.6 Million Yuan Net Loss in First Half of 2022

Daodaoquan Grain And Oil Co.,Ltd. (道道全粮油股份有限公司) (002852.SZ) reported a net loss of 36.6 million yuan in the first half of 2022, reversing a net profit of 127 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 51.2% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.