Organic Agricultural(OTC) OGAA

Organic Agricultural Company Limited specializes in processing and distributing a diverse range of food products throughout the People's Republic of China. Established in 2018, the company offers both standard and selenium-enriched agricultural goods, including rice, beans, honey, and vegetable oils, while also providing software development services.

Products and Services

• Standard and selenium-enriched paddy products
• Rice, beans, and honey
• Software development services

Growth Outlook

• Revenue increased to $297,435 in Q3 2023, showing strong demand
• Gross profit margin improved to 28.1% in Q3 2023
• Long-term investments remain robust at $705,396

Financial Highlights

• Net income of $114,088 reported in Q3 2023
• Operating income ratio reached 38.9% in Q3 2023
• Current ratio stands at 1.11, indicating solid liquidity

Organic Agricultural Company Limited has demonstrated significant growth potential, particularly in its revenue and profitability metrics. The recent quarterly results indicate a positive trend, with a notable increase in revenue and an improved gross profit margin. The company's ability to maintain substantial long-term investments further supports its growth strategy. With a current ratio above 1, the company is positioned to meet its short-term obligations effectively. Overall, the financial performance reflects a commitment to expanding its market presence and enhancing operational efficiency.