Xinyangfeng Agricultural Technology Co.,Ltd.’s Net Profit Rose 9.9% in 2022

Xinyangfeng Agricultural Technology Co.,Ltd. (新洋丰农业科技股份有限公司) (000902.SZ) reported a net profit of 1.4 billion yuan in 2022, up 9.9% year-on-year.

Meanwhile, the company posted 16 billion yuan in revenue, up 35.2% year-on-year.

At the end of the reporting period, it had 16.8 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.5%.