Sinocare Inc.’s Net Profit Dropped 51.8% in First Half of 2023

Sinocare Inc. (三诺生物传感股份有限公司) (300298.SZ) reported a net profit of 139.5 million yuan in the first half of 2023, down 51.8% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.