Beijing Shunxin Agriculture Co.,Ltd.’s Net Profit Rose 219.5% in First Quarter of 2023

Beijing Shunxin Agriculture Co.,Ltd. (北京顺鑫农业股份有限公司) (000860.SZ) reported a net profit of 325.8 million yuan in the first quarter of 2023, up 219.5% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 4.6% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.