Hainan Shennong Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 11:43 am
Share
Hainan Shennong Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 47.24 million compared to CNY 36.83 million a year ago. Revenue was CNY 47.24 million compared to CNY 36.83 million a year ago. Net loss was CNY 4.05 million compared to CNY 0.405687 million a year ago. Basic loss per share from continuing operations was CNY 0.004 compared to CNY 0.0004 a year ago. Diluted loss per share from continuing operations was CNY 0.004 compared to CNY 0.0004 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.