Yuan Longping High-Tech Agriculture Co.,Ltd. Posted 662.8 Million Yuan Net Loss in First Three Quarters of 2022

Yuan Longping High-Tech Agriculture Co.,Ltd. (袁隆平农业高科技股份有限公司) (000998.SZ) reported a net loss of 662.8 million yuan in the first three quarters of 2022, widening 140% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 55.2% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.6%.