Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd.’s Net Profit Dropped 91.1% in 2022

Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd. (宁夏晓鸣农牧股份有限公司) (300967.SZ) reported a net profit of 7.3 million yuan in 2022, down 91.1% year-on-year.

Meanwhile, the company posted 785.5 million yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 655 million yuan in total liabilities, with a liability-to-asset ratio of 45.1%.