Yunnan Shennong Agricultural Industry Group Co.,Ltd. Posted 217.1 Million Yuan Net Loss in First Three Quarters of 2023

Yunnan Shennong Agricultural Industry Group Co.,Ltd. (云南神农农业产业集团股份有限公司) (605296.SH) reported a net loss of 217.1 million yuan in the first three quarters of 2023, reversing a net profit of 31.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 38.5% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 22.3%.