Origin Agritech First Half 2023 Earnings: CN¥0.17 loss per share (vs CN¥0.22 profit in 1H 2022)

Origin Agritech (NASDAQ:SEED) First Half 2023 Results

Key Financial Results

• Revenue: CN¥66.1m (up 43% from 1H 2022).

• Net loss: CN¥1.07m (down by 183% from CN¥1.28m profit in 1H 2022).

• CN¥0.17 loss per share (down from CN¥0.22 profit in 1H 2022).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Origin Agritech shares are up 1.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Origin Agritech (1 is a bit concerning!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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