Hualan Biological Bacterin Inc. Posted 849,919 Yuan Net Loss in First Quarter of 2022

Hualan Biological Bacterin Inc. (华兰生物疫苗股份有限公司) (301207.SZ) reported a net loss of 849,919 yuan in the first quarter of 2022, narrowing 79.4% year-on-year.
Meanwhile, the company posted 14.6 million yuan in revenue, up 32.7% year-on-year.
At the end of the reporting period, it had 6.7 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 25.1%.
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