Xinyangfeng Agricultural Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 09, 2022 at 03:59 am EDT
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Xinyangfeng Agricultural Technology Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 9,413.25 million compared to CNY 6,518.04 million a year ago. Revenue was CNY 9,617.04 million compared to CNY 6,704.41 million a year ago. Net income was CNY 920.51 million compared to CNY 699.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.7336 compared to CNY 0.5576 a year ago. Diluted earnings per share from continuing operations was CNY 0.7151 compared to CNY 0.5426 a year ago.
YONFER Agricultural Technology Co Ltd, formerly Xinyangfeng Agricultural Technology Co Ltd, is a China-based company principally engaged in the research, development, production and sale of phosphate compound fertilizer and new fertilizers. The Company's main products include monoammonium phosphate, potassium sulfate compound fertilizer, urea-based compound fertilizer, tower compound fertilizer, bulk blend (BB) fertilizer, organic-inorganic fertilizer and calcium superphosphate, among others. The Company also provides solutions to the modern agricultural industry. The Company distributes its products in domestic market and to overseas markets.