Zhende Medical Co.,Ltd.’s Net Profit Dropped 12.8% in First Half of 2023

Zhende Medical Co.,Ltd. (振德医疗用品股份有限公司) (603301.SH) reported a net profit of 242.8 million yuan in the first half of 2023, down 12.8% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 16.7% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 28.5%.