Sichuan Hebang Biotechnology Co.,Ltd.’s Net Profit Rose 340.9% in First Quarter of 2022

Sichuan Hebang Biotechnology Co.,Ltd. (四川和邦生物科技股份有限公司) (603077.SH) reported a net profit of 1 billion yuan in the first quarter of 2022, up 340.9% year-on-year.
Meanwhile, the company posted 3.1 billion yuan in revenue, up 85.4% year-on-year.
At the end of the reporting period, it had 19.7 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 16.4%.
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