Yonfer Agricultural Technology Co.,Ltd.’s Net Profit Dropped 25.9% in First Half of 2023

Yonfer Agricultural Technology Co.,Ltd. (新洋丰农业科技股份有限公司) (000902.SZ) reported a net profit of 696.5 million yuan in the first half of 2023, down 25.9% year-on-year.

Meanwhile, the company posted 8 billion yuan in revenue, down 16.3% year-on-year.

At the end of the reporting period, it had 15.8 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.