Bio-Thera Solutions,Co.,Ltd. Posted 480.4 Million Yuan Net Loss in 2022

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 480.4 million yuan in 2022, reversing a net profit of 81.9 million yuan for the previous year.

Meanwhile, the company posted 455.1 million yuan in revenue, down 45.6% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 572.5 million yuan in total liabilities, with a liability-to-asset ratio of 26.3%.