Yantai Shuangta Food Co.,Ltd. Posted 311.3 Million Yuan Net Loss in 2022

Yantai Shuangta Food Co.,Ltd. (烟台双塔食品股份有限公司) (002481.SZ) reported a net loss of 311.3 million yuan in 2022, reversing a net profit of 267.3 million yuan for the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 39.5%.