Daodaoquan Grain And Oil Co.,Ltd. Posted 126.4 Million Yuan Net Loss in First Three Quarters of 2022

Daodaoquan Grain And Oil Co.,Ltd. (道道全粮油股份有限公司) (002852.SZ) reported a net loss of 126.4 million yuan in the first three quarters of 2022, reversing a net profit of 93.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 35.2% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.1%.