Novogene Co.,Ltd.’s Net Profit Dropped 12% in First Three Quarters of 2022

Novogene Co.,Ltd. (北京诺禾致源科技股份有限公司) (688315.SH) reported a net profit of 115.3 million yuan in the first three quarters of 2022, down 12% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 34.1%.