Sichuan Hebang Biotechnology Co.,Ltd.’s Net Profit Dropped 77.2% in First Half of 2023

Sichuan Hebang Biotechnology Co.,Ltd. (四川和邦生物科技股份有限公司) (603077.SH) reported a net profit of 603.1 million yuan in the first half of 2023, down 77.2% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 45.3% year-on-year.

At the end of the reporting period, it had 23.7 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 15.5%.