Guangdong Biolight Meditech Co.,Ltd.’s Net Profit Dropped 63.6% in 2022

Guangdong Biolight Meditech Co.,Ltd. (广东宝莱特医用科技股份有限公司) (300246.SZ) reported a net profit of 24.5 million yuan in 2022, down 63.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 936.4 million yuan in total liabilities, with a liability-to-asset ratio of 38.4%.