Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd.’s Net Profit Dropped 59.1% in First Half of 2022

Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd. (宁夏晓鸣农牧股份有限公司) (300967.SZ) reported a net profit of 21.2 million yuan in the first half of 2022, down 59.1% year-on-year.

Meanwhile, the company posted 381.9 million yuan in revenue, up 7.8% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 556.8 million yuan in total liabilities, with a liability-to-asset ratio of 40.6%.