Yunnan Shennong Agricultural Industry Group Co.,Ltd. Posted 263.8 Million Yuan Net Loss in First Half of 2023

Yunnan Shennong Agricultural Industry Group Co.,Ltd. (云南神农农业产业集团股份有限公司) (605296.SH) reported a net loss of 263.8 million yuan in the first half of 2023, widening 114.9% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 45% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 18.4%.