Zhejiang Huatong Meat Products Co.,Ltd. Posted 143.4 Million Yuan Net Loss in First Quarter of 2023

Zhejiang Huatong Meat Products Co.,Ltd. (浙江华统肉制品股份有限公司) (002840.SZ) reported a net loss of 143.4 million yuan in the first quarter of 2023, widening 34.4% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 15.6% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.8%.