Jiajia Food Group Co.,Ltd.’s Net Profit Rose 2209.9% in First Quarter of 2023

Jiajia Food Group Co.,Ltd. (加加食品集团股份有限公司) (002650.SZ) reported a net profit of 12.8 million yuan in the first quarter of 2023, up 2209.9% year-on-year.

Meanwhile, the company posted 434.9 million yuan in revenue, down 15.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 551.9 million yuan in total liabilities, with a liability-to-asset ratio of 19.1%.