Shinva Medical Instrument Co.,Ltd.’s Net Profit Rose 55.7% in First Quarter of 2023

Shinva Medical Instrument Co.,Ltd. (山东新华医疗器械股份有限公司) (600587.SH) reported a net profit of 202 million yuan in the first quarter of 2023, up 55.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 15.4% year-on-year.

At the end of the reporting period, it had 14.3 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.2%.