Babycare-focused Company Runben to Exceed RMB1 Bn in Operating Revenue in This Year

On October 27th, Runben Biotechnology Co., Ltd (Runben Bio.) released its financial report for the third quarter of 2023, which is also the first financial report published by the company since its listing.

According to the financial report, Runben Bio. achieved operating revenue of 824 million yuan ($112.6 million) in the first three quarters, a year-on-year growth of 20.90%. The net profit attributable to shareholders of the listed company was 181 million yuan ($24.73 million), a year-on-year increase of 37.47%.

Looking at the quarterly performance, in the third quarter, Runben Bio. achieved operating revenue of 244 million yuan, a year-on-year increase of 0.91%. The net profit attributable to shareholders of the listed company was 61.2653 million yuan ($8.37 million), a year-on-year increase of 15.75%.

It is worth noting that Runben Bio. achieved revenue of 856 million yuan ($116.97 million) in 2022. Based on the performance revealed in this report, not only did the company almost catch up with last year’s annual revenue in the third quarter alone but it also has the potential to surpass the 1 billion yuan mark this year.

Furthermore, Runben Bio. previously expressed on the interactive platform its intention to actively expand overseas markets, promote the unique value and image of Chinese brands, and focus on developing and cultivating stable and high-quality overseas customer resources. The company aims to make Runben brand a globally recognized international brand by a wide range of consumers.



Subscribe for unlimited readership of the most professional, comprehensive and unbiased articles backed by data.
Starting at $8.33 per month if you subscribe a Pro Annual Plan


Beauty News

Industry News, Broadcast and Breakings

Industry Stats

In-depth Statistics from all aspects to dig out the sales, up and downs.

Consumer Research

Exclusive service to survey numerous consumers across the country and get the best expected results

Brand Analysis

Examine and analyse a brand in details to conclude a report showcasing the desired information

Niche Market Research

Study into the niche product market, producing whitepaper helpping business to understand the potential, development of a product and make decisions.


Retail / Distributor Finder

Help brand distribute in China.

Cosmetics/ Makeup Compliance

Help make your product legal in China

OEM/ODM Manufacturers

Know what's trending or find the best possible material / ingredient / product supplier

Scroll to Top

Subscribe Yearly Member to Read More