Xinjiang Guannong Co.,Ltd.’s Net Profit Dropped 29.1% in 2022

Xinjiang Guannong Co.,Ltd. (新疆冠农股份有限公司) (600251.SH) reported a net profit of 224.4 million yuan in 2022, down 29.1% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 38.2% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.

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.