Jinhe Biotechnology Co.,Ltd.’s Net Profit Dropped 17.5% in First Three Quarters of 2023

Jinhe Biotechnology Co.,Ltd. (金河生物科技股份有限公司) (002688.SZ) reported a net profit of 113.9 million yuan in the first three quarters of 2023, down 17.5% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.