Beijing Shunxin Agriculture Co.,Ltd. Posted 84.2 Million Yuan Net Loss in First Half of 2023

Beijing Shunxin Agriculture Co.,Ltd. (北京顺鑫农业股份有限公司) (000860.SZ) reported a net loss of 84.2 million yuan in the first half of 2023, reversing a net profit of 28.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.2 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 17.4 billion yuan in total assets and 10.4 billion yuan in total liabilities, with a liability-to-asset ratio of 59.8%.