Shanghai Model Organisms Center,Inc. Posted 75,072 Yuan Net Loss in First Three Quarters 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 loss of 75,072 yuan in the first three quarters of 2022, reversing a net profit of 38.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 215.4 million yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 368.2 million yuan in total liabilities, with a liability-to-asset ratio of 17.3%.