Jiajia Food Group Co.,Ltd. Posted 16.6 Million Yuan Net Loss in First Three Quarters of 2022

Jiajia Food Group Co.,Ltd. (加加食品集团股份有限公司) (002650.SZ) reported a net loss of 16.6 million yuan in the first three quarters of 2022, reversing a net profit of 1.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 6.4% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 331.8 million yuan in total liabilities, with a liability-to-asset ratio of 12%.