Yuan Longping High-Tech Agriculture Co.,Ltd. Posted 61.2 Million Yuan Net Loss in First Half of 2023

Yuan Longping High-Tech Agriculture Co.,Ltd. (袁隆平农业高科技股份有限公司) (000998.SZ) reported a net loss of 61.2 million yuan in the first half of 2023, narrowing 74.7% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 49% year-on-year.

At the end of the reporting period, it had 14.4 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.1%.