Cofco Tunhe Sugar Co.,Ltd.’s Net Profit Dropped 0.7% in First Three Quarters of 2022

Cofco Tunhe Sugar Co.,Ltd. (中粮糖业控股股份有限公司) (600737.SH) reported a net profit of 795 million yuan in the first three quarters of 2022, down 0.7% year-on-year.

Meanwhile, the company posted 19.4 billion yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 24.3 billion yuan in total assets and 13.5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.