Angel Yeast Co.,Ltd.’s Net Profit Rose 2.5% in First Half of 2023

Angel Yeast Co.,Ltd. (安琪酵母股份有限公司) (600298.SH) reported a net profit of 697.7 million yuan in the first half of 2023, up 2.5% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.