Winall Hi-Tech Seed Co.,Ltd. Posted 32.6 Million Yuan Net Profit in First Three Quarters of 2022

Winall Hi-Tech Seed Co.,Ltd. (安徽荃银高科种业股份有限公司) (300087.SZ) reported a net profit of 32.6 million yuan in the first three quarters of 2022, reversing a net loss of 5.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 28.1% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.8%.