Springsnow Food Group Co.,Ltd.’s Net Profit Dropped 73% in First Three Quarters of 2023

Springsnow Food Group Co.,Ltd. (春雪食品集团股份有限公司) (605567.SH) reported a net profit of 21 million yuan in the first three quarters of 2023, down 73% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 14.8% 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 48.4%.