Nanfang Black Sesame Gruop Co.,Ltd.’s Net Profit Dropped 87.6% in First Half of 2022

Nanfang Black Sesame Gruop Co.,Ltd. (南方黑芝麻集团股份有限公司) (000716.SZ) reported a net profit of 2.3 million yuan in the first half of 2022, down 87.6% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 26.6% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.