Wens Foodstuff Group Co.,Ltd. Posted 5.6 Billion Yuan Net Profit in 2022

Wens Foodstuff Group Co.,Ltd. (温氏食品集团股份有限公司) (300498.SZ) reported a net profit of 5.6 billion yuan in 2022, reversing a net loss of 13.5 billion yuan for the previous year.

Meanwhile, the company posted 83.7 billion yuan in revenue, up 28.9% year-on-year.

At the end of the reporting period, it had 98.1 billion yuan in total assets and 55.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.3%.