Jiangsu Yangnong Chemical Co.,Ltd.’s Net Profit Dropped 25.8% in First Half of 2023

Jiangsu Yangnong Chemical Co.,Ltd. (江苏扬农化工股份有限公司) (600486.SH) reported a net profit of 1.1 billion yuan in the first half of 2023, down 25.8% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 26.1% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.