Zhongnongfa Seed Industry Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 20, 2022 at 03:57 am EDT
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Zhongnongfa Seed Industry Group Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 2,354.06 million compared to CNY 2,041.14 million a year ago. Revenue was CNY 2,435.62 million compared to CNY 2,054.21 million a year ago. Net income was CNY 46.84 million compared to net loss of CNY 3.51 million a year ago. Basic earnings per share from continuing operations was CNY 0.0433 compared to basic loss per share from continuing operations of CNY 0.0032 a year ago. Diluted earnings per share from continuing operations was CNY 0.0433 compared to diluted loss per share from continuing operations of CNY 0.0032 a year ago.
ZHONGNONGFA SEED INDUSTRY GROUP CO., LTD is a China-based company mainly engaged in the trading of agricultural products. The Company is also engaged in grain trading and the sales of seeds. The Company is engaged in the trading of chemical fertilizers, as well as the research and development, manufacture and sales of wheat seeds, sugarcane seeds, potato seeds, corn seeds, cotton seeds, oil seed rape and beans. In addition, the Company is also engaged in pesticide trading business. The Company distributes its products within domestic market and to overseas markets.