Lanzhou Zhuangyuan Pasture Co.,Ltd. Posted 20.2 Million Yuan Net Loss in First Half of 2023

Lanzhou Zhuangyuan Pasture Co.,Ltd. (兰州庄园牧场股份有限公司) (002910.SZ) reported a net loss of 20.2 million yuan in the first half of 2023, reversing a net profit of 9 million yuan for the same period in the previous year.

Meanwhile, the company posted 481 million yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.