Joinn Laboratories(China) Co.,Ltd.’s Net Profit Dropped 75.8% in First Half of 2023

Joinn Laboratories(China) Co.,Ltd. (北京昭衍新药研究中心股份有限公司) (603127.SH) reported a net profit of 89.5 million yuan in the first half of 2023, down 75.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 30.3% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 21.5%.