Yantai Zhenghai Bio-Tech Co.,Ltd.’s Net Profit Rose 25.1% in First Quarter of 2022

Yantai Zhenghai Bio-Tech Co.,Ltd. (烟台正海生物科技股份有限公司) (300653.SZ) reported a net profit of 55 million yuan in the first quarter of 2022, up 25.1% year-on-year.

Meanwhile, the company posted 117.7 million yuan in revenue, up 15.3% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 151.3 million yuan in total liabilities, with a liability-to-asset ratio of 15.3%.