Shan Dong Yisheng Livestock&Poultry Breeding Co.,Ltd. Posted 582.3 Million Yuan Net Profit in First Half of 2023

Shan Dong Yisheng Livestock&Poultry Breeding Co.,Ltd. (山东益生种畜禽股份有限公司) (002458.SZ) reported a net profit of 582.3 million yuan in the first half of 2023, reversing a net loss of 383.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 116.7% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.