Daan Gene Co.,Ltd.’s Net Profit Dropped 97.8% in First Quarter of 2023

Daan Gene Co.,Ltd. (广州达安基因股份有限公司) (002030.SZ) reported a net profit of 37.8 million yuan in the first quarter of 2023, down 97.8% year-on-year.

Meanwhile, the company posted 341 million yuan in revenue, down 89.9% year-on-year.

At the end of the reporting period, it had 13.8 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 15.8%.