Nanhua Bio-Medicine Co.,Ltd. Posted 5.8 Million Yuan Net Loss in First Half of 2023

Nanhua Bio-Medicine Co.,Ltd. (南华生物医药股份有限公司) (000504.SZ) reported a net loss of 5.8 million yuan in the first half of 2023, reversing a net profit of 3.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 70.4 million yuan in revenue, down 35.8% year-on-year.

At the end of the reporting period, it had 550.7 million yuan in total assets and 476.6 million yuan in total liabilities, with a liability-to-asset ratio of 86.6%.