Shinva Medical Instrument Co.,Ltd.’s Net Profit Rose 44.5% in First Half 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 477.6 million yuan in the first half of 2023, up 44.5% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, up 14.4% year-on-year.

At the end of the reporting period, it had 14.4 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 47.9%.