Qingdao Vland Biotech Inc.’s Net Profit Rose 7.8% in First Three Quarters of 2023

Qingdao Vland Biotech Inc. (青岛蔚蓝生物股份有限公司) (603739.SH) reported a net profit of 67.2 million yuan in the first three quarters of 2023, up 7.8% year-on-year.

Meanwhile, the company posted 879.6 million yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.1%.