Guangzhou Wondfo Biotech Co.,Ltd.’s Net Profit Dropped 71.7% in First Half of 2023

Guangzhou Wondfo Biotech Co.,Ltd. (广州万孚生物技术股份有限公司) (300482.SZ) reported a net profit of 332.8 million yuan in the first half of 2023, down 71.7% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 63.1% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 19.4%.