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Trade Service
On April 27, a reporter from the Beijing News learned that Langyuan Co.
, Ltd.
(hereinafter referred to as "Langyuan Co.
, Ltd.
") released its 2020 annual report
.
Its operating income last year was 298 million yuan, a year-on-year decrease of 47.
Public information shows that the main business of Longyuan shares is the planting management, processing, storage and sales of fresh and dried fruits
.
In 2020, its main business revenue has declined.
Regarding the decline in revenue, Longyuan said that it was mainly affected by the impact of the new crown pneumonia epidemic.
Regarding the decline in net profit, Longyuan said that it was mainly due to the company’s collective provision of 52,922,400 yuan for impairment of goodwill from the subsidiary Ushi United within the scope of the original consolidated statement, and the provision of bad debts for the expected unrecoverable performance compensation for 2019 Prepared for 28,485,100 yuan and other factors
On the same day, Langyuan issued a report for the first quarter of 2021.