Beijing Shunxin Agriculture Co.,Ltd. Posted 689.1 Million Yuan Net Loss in 2022

Beijing Shunxin Agriculture Co.,Ltd. (北京顺鑫农业股份有限公司) (000860.SZ) reported a net loss of 689.1 million yuan in 2022, reversing a net profit of 105.3 million yuan for the previous year.

Meanwhile, the company posted 11.7 billion yuan in revenue, down 21.5% year-on-year.

At the end of the reporting period, it had 20.3 billion yuan in total assets and 13.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65%.