Yihai Kerry Arawana Holdings Co.,Ltd.’s Net Profit Rose 247% in First Quarter of 2023

Yihai Kerry Arawana Holdings Co.,Ltd. (益海嘉里金龙鱼粮油食品股份有限公司) (300999.SZ) reported a net profit of 764.4 million yuan in the first quarter of 2023, up 247% year-on-year.

Meanwhile, the company posted 61 billion yuan in revenue, up 8% year-on-year.

At the end of the reporting period, it had 231.6 billion yuan in total assets and 137.4 billion yuan in total liabilities, with a liability-to-asset ratio of 59.3%.