Wens Foodstuff Group Co.,Ltd. Posted 4.7 Billion Yuan Net Loss in First Half of 2023

Wens Foodstuff Group Co.,Ltd. (温氏食品集团股份有限公司) (300498.SZ) reported a net loss of 4.7 billion yuan in the first half of 2023, widening 32.3% year-on-year.

Meanwhile, the company posted 41.2 billion yuan in revenue, up 30.6% year-on-year.

At the end of the reporting period, it had 95.1 billion yuan in total assets and 58.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.