Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd.’s Net Profit Dropped 21.2% in First Quarter of 2022

Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd. (宁夏晓鸣农牧股份有限公司) (300967.SZ) reported a net profit of 13.6 million yuan in the first quarter of 2022, down 21.2% year-on-year.

Meanwhile, the company posted 188.2 million yuan in revenue, up 27.4% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 389.6 million yuan in total liabilities, with a liability-to-asset ratio of 31.7%.