Haixin Foods Co.,Ltd.’s Net Profit Dropped 93.5% in First Three Quarters of 2023

Haixin Foods Co.,Ltd. (海欣食品股份有限公司) (002702.SZ) reported a net profit of 3.6 million yuan in the first three quarters of 2023, down 93.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.