Jiangsu Cowin Biotech Co.,Ltd. Posted 4.4 Million Yuan Net Loss in First Half of 2023

Jiangsu Cowin Biotech Co.,Ltd. (江苏康为世纪生物科技股份有限公司) (688426.SH) reported a net loss of 4.4 million yuan in the first half of 2023, reversing a net profit of 100.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 121.6 million yuan in revenue, down 54.2% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 165.2 million yuan in total liabilities, with a liability-to-asset ratio of 8.6%.