Nanfang Black Sesame Gruop Co.,Ltd.’s Net Profit Dropped 98.4% in First Three Quarters of 2022

Nanfang Black Sesame Gruop Co.,Ltd. (南方黑芝麻集团股份有限公司) (000716.SZ) reported a net profit of 301,590 yuan in the first three quarters of 2022, down 98.4% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 26.4% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 43.4%.