Henan Huaying Agricultural Development Co.,Ltd. Posted 18.3 Million Yuan Net Profit in First Quarter of 2023

Henan Huaying Agricultural Development Co.,Ltd. (河南华英农业发展股份有限公司) (002321.SZ) reported a net profit of 18.3 million yuan in the first quarter of 2023, reversing a net loss of 35.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 604.7 million yuan in revenue, up 33.2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.4%.