Zhongyin Babi Food Co.,Ltd.’s Net Profit Dropped 41.3% in First Three Quarters of 2022

Zhongyin Babi Food Co.,Ltd. (中饮巴比食品股份有限公司) (605338.SH) reported a net profit of 132.3 million yuan in the first three quarters of 2022, down 41.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 13.1% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 674.1 million yuan in total liabilities, with a liability-to-asset ratio of 25.4%.