Jiangsu Nonghua Intelligent Agriculture Technology Co.,Ltd.’s Net Profit Dropped 82.8% in First Half of 2023

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 profit of 5 million yuan in the first half of 2023, down 82.8% year-on-year.

Meanwhile, the company posted 713.3 million yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 28.4%.