Sino Biological Inc.’s Net Profit Dropped 56.6% in First Half of 2022

Sino Biological Inc. (北京义翘神州科技股份有限公司) (301047.SZ) reported a net profit of 192.2 million yuan in the first half of 2022, down 56.6% year-on-year.

Meanwhile, the company posted 299.3 million yuan in revenue, down 52.8% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 143.6 million yuan in total liabilities, with a liability-to-asset ratio of 2.2%.