Zhejiang Dayang Biology Technology Co.,Ltd.’s Net Profit Dropped 19.8% in First Three Quarters of 2023

Zhejiang Dayang Biology Technology Co.,Ltd. (浙江大洋生物科技集团股份有限公司) (003017.SZ) reported a net profit of 40.2 million yuan in the first three quarters of 2023, down 19.8% year-on-year.

Meanwhile, the company posted 714.7 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 590.1 million yuan in total liabilities, with a liability-to-asset ratio of 37.1%.