Jiangsu Nonghua Intelligent Agriculture Technology Co.,Ltd. Posted 8.7 Million Yuan Net Loss in 2022

Jiangsu Nonghua Intelligent Agriculture Technology Co.,Ltd. (江苏农华智慧农业科技股份有限公司) (000816.SZ) reported a net loss of 8.7 million yuan in 2022, reversing a net profit of 64.4 million yuan for the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 46.8% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 888.3 million yuan in total liabilities, with a liability-to-asset ratio of 26%.