Toly Bread Co.,Ltd.’s Net Profit Dropped 18.5% in First Half of 2023

Toly Bread Co.,Ltd. (桃李面包股份有限公司) (603866.SH) reported a net profit of 291.7 million yuan in the first half of 2023, down 18.5% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 26.2%.