Panda Dairy Corporation.’s Net Profit Dropped 34.8% in First Three Quarters of 2022

Panda Dairy Corporation. (熊猫乳品集团股份有限公司) (300898.SZ) reported a net profit of 42.1 million yuan in the first three quarters of 2022, down 34.8% year-on-year.

Meanwhile, the company posted 644.5 million yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 208.6 million yuan in total liabilities, with a liability-to-asset ratio of 19.5%.