Shenzhen Kangtai Biological Products Co.,Ltd.’s Net Profit Dropped 24.9% in First Quarter of 2023

Shenzhen Kangtai Biological Products Co.,Ltd. (深圳康泰生物制品股份有限公司) (300601.SZ) reported a net profit of 205.5 million yuan in the first quarter of 2023, down 24.9% year-on-year.

Meanwhile, the company posted 748.4 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 13.8 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 34.2%.