Bio-Thera Solutions,Co.,Ltd. Posted 142.6 Million Yuan Net Loss in First Quarter of 2023

Bio-Thera Solutions,Co.,Ltd. (百奥泰生物制药股份有限公司) (688177.SH) reported a net loss of 142.6 million yuan in the first quarter of 2023, widening 29.2% year-on-year.

Meanwhile, the company posted 154.9 million yuan in revenue, up 108.7% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 868 million yuan in total liabilities, with a liability-to-asset ratio of 37.2%.