Shinva Medical Instrument Co.,Ltd.’s Net Profit Dropped 0.6% in First Three Quarters 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 429.8 million yuan in the first three quarters of 2022, down 0.6% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, down 9.6% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 55%.