Wens Foodstuff Group Co.,Ltd. Posted 879.6 Million Yuan Net Profit in First Three Quarters of 2022

Wens Foodstuff Group Co.,Ltd. (温氏食品集团股份有限公司) (300498.SZ) reported a net profit of 879.6 million yuan in the first three quarters of 2022, reversing a net loss of 9.8 billion yuan for the same period in the previous year.

Meanwhile, the company posted 55.9 billion yuan in revenue, up 20% year-on-year.

At the end of the reporting period, it had 98.3 billion yuan in total assets and 59.7 billion yuan in total liabilities, with a liability-to-asset ratio of 60.7%.