Beijing Dabeinong Technology Group Co.,Ltd. Posted 1 Billion Yuan Net Loss in First Half of 2023

Beijing Dabeinong Technology Group Co.,Ltd. (北京大北农科技集团股份有限公司) (002385.SZ) reported a net loss of 1 billion yuan in the first half of 2023, widening 70.8% year-on-year.

Meanwhile, the company posted 15.7 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 30 billion yuan in total assets and 18.2 billion yuan in total liabilities, with a liability-to-asset ratio of 60.7%.