Sino Biological Inc.’s Net Profit Dropped 29.4% in First Half of 2023

Sino Biological Inc. (北京义翘神州科技股份有限公司) (301047.SZ) reported a net profit of 135.7 million yuan in the first half of 2023, down 29.4% year-on-year.

Meanwhile, the company posted 292.4 million yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 196.6 million yuan in total liabilities, with a liability-to-asset ratio of 3.1%.