Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd. Posted 35.9 Million Yuan Net Loss in First Half of 2023

Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd. (宁夏晓鸣农牧股份有限公司) (300967.SZ) reported a net loss of 35.9 million yuan in the first half of 2023, reversing a net profit of 21.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 457.6 million yuan in revenue, up 16.9% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 861.9 million yuan in total liabilities, with a liability-to-asset ratio of 50.3%.