Bgi Genomics Co.,Ltd.’s Net Profit Dropped 87.5% in First Quarter of 2023

Bgi Genomics Co.,Ltd. (深圳华大基因股份有限公司) (300676.SZ) reported a net profit of 41.3 million yuan in the first quarter of 2023, down 87.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 33.3% year-on-year.

At the end of the reporting period, it had 13.7 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 25.2%.