Shanghai Kehua Bio-Engineering Co.,Ltd.’s Net Profit Dropped 97.5% in First Three Quarters of 2023

Shanghai Kehua Bio-Engineering Co.,Ltd. (上海科华生物工程股份有限公司) (002022.SZ) reported a net profit of 48.6 million yuan in the first three quarters of 2023, down 97.5% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 64.6% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 25.8%.