Caixin
May 03, 2023 08:00 AM

Shandong Longda Meishi Co.,Ltd. Posted 99.6 Million Yuan Net Profit in 2022

00:00
00:00/00:00
Listen to this article 1x

Shandong Longda Meishi Co.,Ltd. (山东龙大美食股份有限公司) (002726.SZ) reported a net profit of 99.6 million yuan in 2022, reversing a net loss of 847.8 million yuan for the previous year.

Meanwhile, the company posted 16.1 billion yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning
00:00
00:00/00:00