Jiahe Foods Industry Co.,Ltd.’s Net Profit Dropped 53.2% in First Half of 2022

Jiahe Foods Industry Co.,Ltd. (佳禾食品工业股份有限公司) (605300.SH) reported a net profit of 33.6 million yuan in the first half of 2022, down 53.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 13.3% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 434 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.