Hainan Shennong Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 04:41 am EDT
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Hainan Shennong Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 107.23 million compared to CNY 73.62 million a year ago. Revenue was CNY 107.23 million compared to CNY 73.62 million a year ago. Net loss was CNY 18.53 million compared to net income of CNY 35.15 million a year ago. Basic loss per share from continuing operations was CNY 0.0181 compared to basic earnings per share from continuing operations of CNY 0.0343 a year ago. Diluted loss per share from continuing operations was CNY 0.0181 compared to diluted earnings per share from continuing operations of CNY 0.0343 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.