Hainan Shennong Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 07:00 am
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Hainan Shennong Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 144.46 million compared to CNY 128.4 million a year ago. Revenue was CNY 147.83 million compared to CNY 129.37 million a year ago. Net loss was CNY 56.83 million compared to CNY 118.15 million a year ago. Basic loss per share from continuing operations was CNY 0.0555 compared to CNY 0.1154 a year ago. Diluted loss per share from continuing operations was CNY 0.0555 compared to CNY 0.1154 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.