Guangdong Yantang Dairy Co.,Ltd.’s Net Profit Dropped 47.2% in First Three Quarters 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 84.1 million yuan in the first three quarters of 2022, down 47.2% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 5.9% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 663.2 million yuan in total liabilities, with a liability-to-asset ratio of 34.6%.