Guangdong Yantang Dairy Co.,Ltd.’s Net Profit Rose 37% in First Quarter of 2023

Guangdong Yantang Dairy Co.,Ltd. (广东燕塘乳业股份有限公司) (002732.SZ) reported a net profit of 27.8 million yuan in the first quarter of 2023, up 37% year-on-year.

Meanwhile, the company posted 428.6 million yuan in revenue, up 10.9% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 561.8 million yuan in total liabilities, with a liability-to-asset ratio of 30.2%.