Hualan Biological Engineering,Inc.’s Net Profit Dropped 8.1% in First Quarter of 2022

Hualan Biological Engineering,Inc. (华兰生物工程股份有限公司) (002007.SZ) reported a net profit of 233.5 million yuan in the first quarter of 2022, down 8.1% year-on-year.

Meanwhile, the company posted 640.7 million yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 14 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 17.3%.