Meihua Holdings Group Co.,Ltd.’s Net Profit Dropped 37.3% in First Three Quarters of 2023

Meihua Holdings Group Co.,Ltd. (梅花生物科技集团股份有限公司) (600873.SH) reported a net profit of 2.2 billion yuan in the first three quarters of 2023, down 37.3% year-on-year.

Meanwhile, the company posted 20.5 billion yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 24.2 billion yuan in total assets and 10.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.