Jinhe Biotechnology Co.,Ltd.’s Net Profit Dropped 7% in First Quarter of 2023

Jinhe Biotechnology Co.,Ltd. (金河生物科技股份有限公司) (002688.SZ) reported a net profit of 40.4 million yuan in the first quarter of 2023, down 7% year-on-year.

Meanwhile, the company posted 527.3 million yuan in revenue, up 1.4% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.