Guangdong Yantang Dairy Co.,Ltd.’s Net Profit Dropped 48.6% in First Half of 2022

Guangdong Yantang Dairy Co.,Ltd. (广东燕塘乳业股份有限公司) (002732.SZ) reported a net profit of 58 million yuan in the first half of 2022, down 48.6% year-on-year.

Meanwhile, the company posted 898.7 million yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 599.6 million yuan in total liabilities, with a liability-to-asset ratio of 32.8%.