Lanzhou Zhuangyuan Pasture Co.,Ltd.’s Net Profit Dropped 44.1% in First Quarter of 2023

Lanzhou Zhuangyuan Pasture Co.,Ltd. (兰州庄园牧场股份有限公司) (002910.SZ) reported a net profit of 6.3 million yuan in the first quarter of 2023, down 44.1% year-on-year.

Meanwhile, the company posted 250.2 million yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48%.