Guangdong Jialong Food Co.,Ltd. Posted 1.8 Million Yuan Net Loss in First Three Quarters of 2022

Guangdong Jialong Food Co.,Ltd. (广东佳隆食品股份有限公司) (002495.SZ) reported a net loss of 1.8 million yuan in the first three quarters of 2022, reversing a net profit of 18.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 168.1 million yuan in revenue, down 20.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 64.9 million yuan in total liabilities, with a liability-to-asset ratio of 5.1%.