Chacha Food Company Limited’s Net Profit Dropped 24% in First Half of 2023

Chacha Food Company Limited (洽洽食品股份有限公司) (002557.SZ) reported a net profit of 267.7 million yuan in the first half of 2023, down 24% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 36.5%.