Hefei Fengle Seed Co.,Ltd.’s Net Profit Dropped 70.5% in 2022

Hefei Fengle Seed Co.,Ltd. (合肥丰乐种业股份有限公司) (000713.SZ) reported a net profit of 54.9 million yuan in 2022, down 70.5% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 14.8% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 899.8 million yuan in total liabilities, with a liability-to-asset ratio of 30.8%.

This article was automatically produced by Caixin Automation on April 27, 2023.

Download our app to receive breaking news alerts and read the news on the go.