Xinnong Development (600359.SH) disclosed its 2023 annual report, and the company achieved revenue of 5 in 2023...
According to Zhitong Finance App News, Xinnong Development (600359.SH) disclosed its 2023 annual report. The company achieved revenue of 548 million yuan in 2023, a year-on-year decrease of 15.29%; net profit to mother was 68.91 million yuan, up 7.49% year on year; after deducting non-net profit loss of 26.5 million yuan, which changed from profit to loss year on year; basic earnings per share were 0.18 yuan.
Reasons for net profit attributable to shareholders of listed companies deducting non-recurring profits and losses: disposal by Xinnong Dairy, an important subsidiary, leading to a decline in operating profits; the lint and beef cattle markets declined, making provision for inventory price declines.