Shanghai Hile Bio-Technology Co.,Ltd.’s Net Profit Rose 10.2% in First Quarter of 2022

Shanghai Hile Bio-Technology Co.,Ltd. (上海海利生物技术股份有限公司) (603718.SH) reported a net profit of 11.3 million yuan in the first quarter of 2022, up 10.2% year-on-year.

Meanwhile, the company posted 85.1 million yuan in revenue, down 15.8% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 822.9 million yuan in total liabilities, with a liability-to-asset ratio of 45.2%.