Shinva Medical Instrument Co.,Ltd.’s Net Profit Dropped 2.5% in First Half of 2022

Shinva Medical Instrument Co.,Ltd. (山东新华医疗器械股份有限公司) (600587.SH) reported a net profit of 330.5 million yuan in the first half of 2022, down 2.5% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 18.8% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 56%.