Beijing Sanyuan Foods Co.,Ltd.’s Net Profit Dropped 63.7% in First Half of 2022

Beijing Sanyuan Foods Co.,Ltd. (北京三元食品股份有限公司) (600429.SH) reported a net profit of 80.2 million yuan in the first half of 2022, down 63.7% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 13.6 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 54.6%.