Jinjian Cereals Industry Co.,Ltd. Posted 14.2 Million Yuan Net Profit in First Half of 2023

Jinjian Cereals Industry Co.,Ltd. (金健米业股份有限公司) (600127.SH) reported a net profit of 14.2 million yuan in the first half of 2023, reversing a net loss of 17.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 939.9 million yuan in total liabilities, with a liability-to-asset ratio of 56.2%.