Hefei Fengle Seed Co.,Ltd. Posted 3.9 Million Yuan Net Profit in First Three Quarters of 2022

Hefei Fengle Seed Co.,Ltd. (合肥丰乐种业股份有限公司) (000713.SZ) reported a net profit of 3.9 million yuan in the first three quarters of 2022, reversing a net loss of 5.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.8%.