Hainan Shennong Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:10 am EDT
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Hainan Shennong Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 73.621 million compared to CNY 111.339 million a year ago. Operating income was CNY 35.199 million compared to operating loss of CNY 90.668 million a year ago. Net income was CNY 35.149 million compared to net loss of CNY 87.371 million a year ago. Basic earnings per share from continuing operations was CNY 0.0343 compared to basic loss per share from continuing operations of CNY 0.0853 a year ago.
Hainan Shennong Technology Co., Ltd., formerly Hainan Shennong Gene Technology Co., Ltd, is a China-based company principally involved in the breeding, production and sales of hybrid rice seeds, as well as the provision of the related technical services. The Company mainly provides hybrid rice seeds, corn seeds, vegetable seeds, melon and fruit seeds, as well as cotton seeds, among others. The Company is also engaged in the provision of supply chain services such as commodities and electronic components. The Company operates its businesses primarily in Mainland China.
HAINAN SHENNONG TECHNOLOGY CO., LTD. 
