Jiahe Foods Industry Co.,Ltd.’s Net Profit Dropped 45.2% in First Three Quarters of 2022

Jiahe Foods Industry Co.,Ltd. (佳禾食品工业股份有限公司) (605300.SH) reported a net profit of 60.5 million yuan in the first three quarters of 2022, down 45.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 737.8 million yuan in total liabilities, with a liability-to-asset ratio of 27.3%.