Zhejiang Huatong Meat Products Co.,Ltd. Posted 396.3 Million Yuan Net Loss in First Three Quarters of 2023

Zhejiang Huatong Meat Products Co.,Ltd. (浙江华统肉制品股份有限公司) (002840.SZ) reported a net loss of 396.3 million yuan in the first three quarters of 2023, reversing a net profit of 61.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.2 billion yuan in revenue, down 4% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 72.1%.