Xinjiang Sayram Modern Agriculture Co.,Ltd. Posted 10.1 Million Yuan Net Profit in First Three Quarters of 2023

Xinjiang Sayram Modern Agriculture Co.,Ltd. (新疆赛里木现代农业股份有限公司) (600540.SH) reported a net profit of 10.1 million yuan in the first three quarters of 2023, reversing a net loss of 133.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 507.8 million yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.