Sinocare Inc.’s Net Profit Rose 3.2% in First Quarter of 2023

Sinocare Inc. (三诺生物传感股份有限公司) (300298.SZ) reported a net profit of 67.3 million yuan in the first quarter of 2023, up 3.2% year-on-year.

Meanwhile, the company posted 657.9 million yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 28.8%.