Angel Yeast Co.,Ltd.’s Net Profit Dropped 11.3% in First Three Quarters of 2022

Angel Yeast Co.,Ltd. (安琪酵母股份有限公司) (600298.SH) reported a net profit of 916.8 million yuan in the first three quarters of 2022, down 11.3% year-on-year.

Meanwhile, the company posted 9 billion yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 16.4 billion yuan in total assets and 7.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.