Guangzhou Wondfo Biotech Co.,Ltd.’s Net Profit Dropped 67.8% in First Three Quarters of 2023

Guangzhou Wondfo Biotech Co.,Ltd. (广州万孚生物技术股份有限公司) (300482.SZ) reported a net profit of 397.7 million yuan in the first three quarters of 2023, down 67.8% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 57.3% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 17.7%.