Shinva Medical Instrument Co.,Ltd.’s Net Profit Rose 40.9% in First Three Quarters of 2023

Shinva Medical Instrument Co.,Ltd. (山东新华医疗器械股份有限公司) (600587.SH) reported a net profit of 605.8 million yuan in the first three quarters of 2023, up 40.9% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 47.3%.