Qianhe Condiment And Food Co.,Ltd.’s Net Profit Rose 162.9% in First Quarter of 2023

Qianhe Condiment And Food Co.,Ltd. (千禾味业食品股份有限公司) (603027.SH) reported a net profit of 145.2 million yuan in the first quarter of 2023, up 162.9% year-on-year.

Meanwhile, the company posted 818.6 million yuan in revenue, up 69.8% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 632.8 million yuan in total liabilities, with a liability-to-asset ratio of 20.1%.