Shandong Longda Meishi Co.,Ltd.’s Net Profit Dropped 20.8% in First Quarter of 2023

Shandong Longda Meishi Co.,Ltd. (山东龙大美食股份有限公司) (002726.SZ) reported a net profit of 36.8 million yuan in the first quarter of 2023, down 20.8% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 4.1% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.