Jinjian Cereals Industry Co.,Ltd. Posted 17.8 Million Yuan Net Loss in First Half of 2022

Jinjian Cereals Industry Co.,Ltd. (金健米业股份有限公司) (600127.SH) reported a net loss of 17.8 million yuan in the first half of 2022, reversing a net profit of 12.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65.6%.