Yihai Kerry Arawana Holdings Co.,Ltd.’s Net Profit Dropped 63.4% in First Half 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 792.1 million yuan in the first half of 2023, down 63.4% year-on-year.

Meanwhile, the company posted 118.7 billion yuan in revenue, down 0.6% year-on-year.

At the end of the reporting period, it had 238.9 billion yuan in total assets and 145.2 billion yuan in total liabilities, with a liability-to-asset ratio of 60.8%.