Lanzhou Zhuangyuan Pasture Co.,Ltd.’s Net Profit Dropped 45.5% in First Quarter of 2022

Lanzhou Zhuangyuan Pasture Co.,Ltd. (兰州庄园牧场股份有限公司) (002910.SZ) reported a net profit of 11.3 million yuan in the first quarter of 2022, down 45.5% year-on-year.

Meanwhile, the company posted 243.9 million yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.