Qianhe Condiment And Food Co.,Ltd.’s Net Profit Rose 106.6% in First Three Quarters of 2023

Qianhe Condiment And Food Co.,Ltd. (千禾味业食品股份有限公司) (603027.SH) reported a net profit of 387.1 million yuan in the first three quarters of 2023, up 106.6% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 50% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 604.7 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.