Shenzhen Mindray Bio-Medical Electronics Co.,Ltd.’s Net Profit Rose 22.8% in First Quarter of 2022

Shenzhen Mindray Bio-Medical Electronics Co.,Ltd. (深圳迈瑞生物医疗电子股份有限公司) (300760.SZ) reported a net profit of 2.1 billion yuan in the first quarter of 2022, up 22.8% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 38.3 billion yuan in total assets and 10.3 billion yuan in total liabilities, with a liability-to-asset ratio of 26.8%.