Hainan Shennong Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 05:10 am EDT
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Hainan Shennong Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 73.861 million compared to CNY 50.218 million a year ago. Operating loss was CNY 22.436 million compared to operating Income of CNY 46.210 million a year ago. Net loss was CNY 13.867 million compared to net income of CNY 48.167 million a year ago. Basic loss per share from continuing operations was CNY 0.0135 compared to basic earnings per share from continuing operations of CNY 0.047 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. 
