Andon Health Co.,Ltd.’s Net Profit Dropped 95.3% in First Quarter of 2023

Andon Health Co.,Ltd. (天津九安医疗电子股份有限公司) (002432.SZ) reported a net profit of 715.1 million yuan in the first quarter of 2023, down 95.3% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 93.1% year-on-year.

At the end of the reporting period, it had 22.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 7%.