Shanghai Kinetic Medical Co.,Ltd.’s Net Profit Dropped 1.8% in First Quarter of 2023

Shanghai Kinetic Medical Co.,Ltd. (上海凯利泰医疗科技股份有限公司) (300326.SZ) reported a net profit of 75.1 million yuan in the first quarter of 2023, down 1.8% year-on-year.

Meanwhile, the company posted 294.4 million yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 524.8 million yuan in total liabilities, with a liability-to-asset ratio of 15.4%.