Zhongyin Babi Food Co.,Ltd.’s Net Profit Dropped 29.8% in 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 219.9 million yuan in 2022, down 29.8% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 10.9% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 606.3 million yuan in total liabilities, with a liability-to-asset ratio of 22.7%.