Sino Biological Inc.’s Net Profit Dropped 25.6% in First Three Quarters of 2023

Sino Biological Inc. (北京义翘神州科技股份有限公司) (301047.SZ) reported a net profit of 205.2 million yuan in the first three quarters of 2023, down 25.6% year-on-year.

Meanwhile, the company posted 476.1 million yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 193 million yuan in total liabilities, with a liability-to-asset ratio of 3%.