Hualan Biological Engineering,Inc.’s Net Profit Dropped 17.3% in First Half of 2023

Hualan Biological Engineering,Inc. (华兰生物工程股份有限公司) (002007.SZ) reported a net profit of 562.1 million yuan in the first half of 2023, down 17.3% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 32.5% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 15.8%.