Jinhe Biotechnology Co.,Ltd.’s Net Profit Dropped 44.3% in First Quarter of 2022

Jinhe Biotechnology Co.,Ltd. (金河生物科技股份有限公司) (002688.SZ) reported a net profit of 43.5 million yuan in the first quarter of 2022, down 44.3% year-on-year.

Meanwhile, the company posted 519.8 million yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 34.1%.