Guangdong Jialong Food Co.,Ltd. Posted 54.8 Million Yuan Net Loss in 2022

Guangdong Jialong Food Co.,Ltd. (广东佳隆食品股份有限公司) (002495.SZ) reported a net loss of 54.8 million yuan in 2022, reversing a net profit of 26.7 million yuan for the previous year.

Meanwhile, the company posted 207.6 million yuan in revenue, down 25.8% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 63.9 million yuan in total liabilities, with a liability-to-asset ratio of 5.2%.