Caixin
Apr 24, 2023 08:00 AM

Cofco Tunhe Sugar Co.,Ltd.’s Net Profit Rose 46.2% in 2022

00:00
00:00/00:00
Listen to this article 1x

Cofco Tunhe Sugar Co.,Ltd. (中粮糖业控股股份有限公司) (600737.SH) reported a net profit of 783.3 million yuan in 2022, up 46.2% year-on-year.

Meanwhile, the company posted 26.4 billion yuan in revenue, up 5.1% year-on-year.

At the end of the reporting period, it had 19.9 billion yuan in total assets and 9.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.8%.

This article was automatically produced by Caixin Automation on April 27, 2023.

Download our app to receive breaking news alerts and read the news on the go.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Why Singapore Sovereign Fund Sues Chinese EV-Maker Nio
00:00
00:00/00:00