Beijing Shunxin Agriculture Co.,Ltd.’s Net Profit Dropped 94.2% in First Half of 2022

Beijing Shunxin Agriculture Co.,Ltd. (北京顺鑫农业股份有限公司) (000860.SZ) reported a net profit of 28.1 million yuan in the first half of 2022, down 94.2% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, down 29.1% year-on-year.

At the end of the reporting period, it had 18.7 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.3%.