Ligao Foods Co.,Ltd.’s Net Profit Dropped 48.5% in First Half of 2022

Ligao Foods Co.,Ltd. (立高食品股份有限公司) (300973.SZ) reported a net profit of 70.4 million yuan in the first half of 2022, down 48.5% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 526.4 million yuan in total liabilities, with a liability-to-asset ratio of 20.8%.