Qingdao Baheal Medical Inc.’s Net Profit Rose 43.9% in First Three Quarters of 2023

Qingdao Baheal Medical Inc. (青岛百洋医药股份有限公司) (301015.SZ) reported a net profit of 484.2 million yuan in the first three quarters of 2023, up 43.9% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.