Ningxia Xiaoming Agriculture&Animal Husbandry Co.,Ltd. Posted 79.8 Million Yuan Net Loss in First Three Quarters 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 79.8 million yuan in the first three quarters of 2023, reversing a net profit of 17.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 636.8 million yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 857.6 million yuan in total liabilities, with a liability-to-asset ratio of 51.5%.