Sanquan Food Co.,Ltd.’s Net Profit Rose 7.1% in First Quarter of 2023

Sanquan Food Co.,Ltd. (三全食品股份有限公司) (002216.SZ) reported a net profit of 279.5 million yuan in the first quarter of 2023, up 7.1% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 39.6%.