Shanghai Model Organisms Center,Inc.’s Net Profit Dropped 81.6% in First Half of 2022

Shanghai Model Organisms Center,Inc. (上海南方模式生物科技股份有限公司) (688265.SH) reported a net profit of 4.9 million yuan in the first half of 2022, down 81.6% year-on-year.

Meanwhile, the company posted 130 million yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 233.2 million yuan in total liabilities, with a liability-to-asset ratio of 11.5%.