Tianshui Zhongxing Bio-Technology Co.,Ltd. Posted 20.3 Million Yuan Net Loss in First Half of 2022

Tianshui Zhongxing Bio-Technology Co.,Ltd. (天水众兴菌业科技股份有限公司) (002772.SZ) reported a net loss of 20.3 million yuan in the first half of 2022, reversing a net profit of 12.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 858.8 million yuan in revenue, up 21.9% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.