Hob Biotech Group Corp.,Ltd.’s Net Profit Dropped 11.4% in First Half of 2023

Hob Biotech Group Corp.,Ltd. (江苏浩欧博生物医药股份有限公司) (688656.SH) reported a net profit of 21.6 million yuan in the first half of 2023, down 11.4% year-on-year.

Meanwhile, the company posted 190.5 million yuan in revenue, up 26% year-on-year.

At the end of the reporting period, it had 930 million yuan in total assets and 146.5 million yuan in total liabilities, with a liability-to-asset ratio of 15.8%.