Beijing Dabeinong Technology Group Co.,Ltd. Posted 609.9 Million Yuan Net Loss in First Half of 2022

Beijing Dabeinong Technology Group Co.,Ltd. (北京大北农科技集团股份有限公司) (002385.SZ) reported a net loss of 609.9 million yuan in the first half of 2022, reversing a net profit of 543.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 13.4 billion yuan in revenue, down 12.3% year-on-year.

At the end of the reporting period, it had 29.2 billion yuan in total assets and 17.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.