Jinjian Cereals Industry Co.,Ltd. Posted 41.6 Million Yuan Net Loss in First Three Quarters of 2022

Jinjian Cereals Industry Co.,Ltd. (金健米业股份有限公司) (600127.SH) reported a net loss of 41.6 million yuan in the first three quarters of 2022, reversing a net profit of 11.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 61.4%.