Lanzhou Zhuangyuan Pasture Co.,Ltd. Posted 17.5 Million Yuan Net Loss in First Three Quarters of 2023

Lanzhou Zhuangyuan Pasture Co.,Ltd. (兰州庄园牧场股份有限公司) (002910.SZ) reported a net loss of 17.5 million yuan in the first three quarters of 2023, reversing a net profit of 30.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 714.8 million yuan in revenue, down 8% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.2%.