Xinjiang Western Animal Husbandry Co.,Ltd.’s Net Profit Dropped 94% in First Three Quarters of 2023

Xinjiang Western Animal Husbandry Co.,Ltd. (新疆西部牧业股份有限公司) (300106.SZ) reported a net profit of 2 million yuan in the first three quarters of 2023, down 94% year-on-year.

Meanwhile, the company posted 875.6 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 482.7 million yuan in total liabilities, with a liability-to-asset ratio of 40.4%.