Zhejiang Huatong Meat Products Co.,Ltd. Posted 64.4 Million Yuan Net Loss in First Half of 2022

Zhejiang Huatong Meat Products Co.,Ltd. (浙江华统肉制品股份有限公司) (002840.SZ) reported a net loss of 64.4 million yuan in the first half of 2022, reversing a net profit of 119.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 16.4% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71%.