Beijing Balance Medical Technology Co.,Ltd.’s Net Profit Dropped 15.8% in First Quarter of 2023

Beijing Balance Medical Technology Co.,Ltd. (北京佰仁医疗科技股份有限公司) (688198.SH) reported a net profit of 11.4 million yuan in the first quarter of 2023, down 15.8% year-on-year.

Meanwhile, the company posted 64.9 million yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 64.3 million yuan in total liabilities, with a liability-to-asset ratio of 5.4%.