Novogene Co.,Ltd.’s Net Profit Rose 22% in First Quarter of 2023

Novogene Co.,Ltd. (北京诺禾致源科技股份有限公司) (688315.SH) reported a net profit of 24.4 million yuan in the first quarter of 2023, up 22% year-on-year.

Meanwhile, the company posted 440.6 million yuan in revenue, up 14% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.2%.