Shandong Longda Meishi Co.,Ltd. Posted 667.9 Million Yuan Net Loss in First Half of 2023

Shandong Longda Meishi Co.,Ltd. (山东龙大美食股份有限公司) (002726.SZ) reported a net loss of 667.9 million yuan in the first half of 2023, reversing a net profit of 90.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.7 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.