Beijing Shunxin Agriculture Co.,Ltd. Posted 295.3 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Shunxin Agriculture Co.,Ltd. (北京顺鑫农业股份有限公司) (000860.SZ) reported a net loss of 295.3 million yuan in the first three quarters of 2023, reversing a net profit of 11.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 8.8 billion yuan in revenue, down 3.3% year-on-year.

At the end of the reporting period, it had 16.4 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.7%.