Summary by Futu AI
Conchino Bios issued an announcement on April 30, 2024, disclosing its financial position for 2023 and other related information. The Company's 2023 report showed that year-end currency capital and transactional financial assets totalled approximately $41.30 billion, and short-term and long-term borrowings totaled about $19.20 billion. In addition, the company's end-of-term derivative financial assets were $129.51 million and derivative financial liabilities were $97.32 million. The Company's main interest-bearing debt consists of short- and medium-term borrowings for day-to-day operations and R&D projects, with an average financing cost of approximately 2.92%. The company's total financial income was approximately $1.64 million, weighted by an average yield of approximately 3.3%, in line with market interest rates. Conchino also operates a foreign exchange...Show More