trending Market Intelligence /marketintelligence/en/news-insights/trending/SOFijF-ggLGUU6AalINUag2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

ShanDongDenghai Seeds swings to profit in Q3

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

ShanDongDenghai Seeds swings to profit in Q3

ShanDongDenghai Seeds Co. Ltd. said its third-quarter normalized net income was 518,000 yuan, compared with a loss of 1.5 million yuan in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 0.8% from negative 3.3% in the year-earlier period.

Total revenue rose 33.6% on an annual basis to 61.8 million yuan from 46.3 million yuan, and total operating expenses increased on an annual basis to 92.3 million yuan from 89.2 million yuan.

Reported net income increased year over year to 7.0 million yuan, or 1 fen per share, from 2.0 million yuan, or 0 fen per share.

As of Oct. 27, US$1 was equivalent to 6.78 yuan.