Yuan Longping High-Tech Agriculture Co.,Ltd. Posted 772.2 Million Yuan Net Loss in 2022

Yuan Longping High-Tech Agriculture Co.,Ltd. (袁隆平农业高科技股份有限公司) (000998.SZ) reported a net loss of 772.2 million yuan in 2022, reversing a net profit of 173.2 million yuan for the previous year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 5.3% year-on-year.

At the end of the reporting period, it had 14.6 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.6%.