Wuhan Keqian Biology Co.,Ltd.’s Net Profit Dropped 46.3% in First Quarter of 2022

Wuhan Keqian Biology Co.,Ltd. (武汉科前生物股份有限公司) (688526.SH) reported a net profit of 90.8 million yuan in the first quarter of 2022, down 46.3% year-on-year.

Meanwhile, the company posted 202.7 million yuan in revenue, down 36.5% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 569.9 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.