Hainan Shennong Technology Co. Ltd. Reports Flat Financial Performance Amid Cost Reductions
2025-09-17 17:14:47Hainan Shennong Technology Co. Ltd., a small-cap company operating in the Other Agricultural Products sector, has released its financial results for the quarter ending March 2025. The company reported flat financial performance, indicating stability despite the challenges faced in the market.
One of the notable highlights from the financial results is the significant reduction in raw material costs, which fell by 11.5% year-over-year. This decrease in costs may provide a buffer for the company as it navigates through its operational challenges.
In terms of profitability, Hainan Shennong Technology Co. Ltd. achieved a pre-tax profit of CNY 1.83 MM, marking the highest level recorded for the quarter. However, the net profit stood at CNY -0.13 MM, indicating that the company is still in a phase of financial adjustment.
Additionally, the earnings per ...
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