Hefei Fengle Seed Co.,Ltd.’s Net Profit Dropped 21.8% in First Half of 2021

Hefei Fengle Seed Co.,Ltd. (合肥丰乐种业股份有限公司) (000713.SZ) reported a net profit of 22.9 million yuan in the first half of 2021, down 21.8% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 854.9 million yuan in total liabilities, with a liability-to-asset ratio of 32.4%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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