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Yuan Long Ping High-Tech Agriculture Co., Ltd. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Corn seed industry competition intensifies, yuan longping high-tech agriculture Q3 net loss expands by 40% year-on-year | Interpretations
① Yuan Longping High-Tech Agriculture achieved revenue of 0.299 billion yuan in Q3, a year-on-year decrease of 60.27%, with a net loss of 0.587 billion yuan, an increase of 40.49% compared to the same period last year; ② The intensifying competition in the corn seed industry is the main factor leading to the company's declining revenue; ③ As of the end of the third quarter, the company's contractual liabilities amounted to 3.87 billion yuan, an increase of 14.8% year-on-year.
Longping Hi-Tech: Report for the third quarter of 2024
Longping Hi-Tech: 2023-2024 Business Year Operating Report
Yuan Longping High-Tech Agriculture (000998.SZ): a net loss of 0.475 billion yuan in the first three quarters.
On October 30, GeLongHui reported that Yuan Longping High-Tech Agriculture (000998.SZ) released the third quarter report for 2024. In the first three quarters of 2024, the company achieved revenue of 2.881 billion yuan, a 14.46% year-on-year decrease; the net income attributable to shareholders of the listed company was a loss of 0.475 billion yuan, a 17.82% year-on-year increase; the net income after deducting non-recurring gains and losses was a loss of 0.874 billion yuan, a 113.21% year-on-year decrease; and the basic earnings per share was -0.3610 yuan/share.
Retail Investors Among Yuan Long Ping High-Tech Agriculture Co., Ltd.'s (SZSE:000998) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 5.3% Last Week
Broker Revenue Forecasts For Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) Are Surging HigherNo Data
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