Innovita Biological Technology Co.,Ltd.’s Net Profit Rose 104.2% in First Quarter of 2023

Innovita Biological Technology Co.,Ltd. (北京英诺特生物技术股份有限公司) (688253.SH) reported a net profit of 53.8 million yuan in the first quarter of 2023, up 104.2% year-on-year.

Meanwhile, the company posted 134.5 million yuan in revenue, up 93.6% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 121.8 million yuan in total liabilities, with a liability-to-asset ratio of 6.5%.