Beijing Shunxin Agriculture Co.,Ltd.’s Net Profit Dropped 97% in First Three Quarters of 2022

Beijing Shunxin Agriculture Co.,Ltd. (北京顺鑫农业股份有限公司) (000860.SZ) reported a net profit of 11.1 million yuan in the first three quarters of 2022, down 97% year-on-year.

Meanwhile, the company posted 9.1 billion yuan in revenue, down 21.6% year-on-year.

At the end of the reporting period, it had 18.4 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.6%.