Xinyangfeng Agricultural Technology Co.,Ltd.’s Net Profit Rose 31.6% in First Half of 2022

Xinyangfeng Agricultural Technology Co.,Ltd. (新洋丰农业科技股份有限公司) (000902.SZ) reported a net profit of 940.6 million yuan in the first half of 2022, up 31.6% year-on-year.

Meanwhile, the company posted 9.6 billion yuan in revenue, up 43.4% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.