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Wanxiang Denong's net profit fell by nearly 50% in the first half of the year

 Last Update: 2021-09-04
 Source: Internet
 Author: User

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On August 20, the seed company Wanxiang Denong issued a semi-annual report.

Wanxiang Denong stated that the main reason for the decrease in net profit was that its holding subsidiary Denong Seed Industry did not obtain investment income (received a cash dividend of 18.

The semi-annual report shows that in terms of sales, Wanxiang Denong sold 9.

Wanxiang Denong also mentioned that there are current product development and technological risks

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