Tianjin Ringpu Bio-Technology Co.,Ltd.’s Net Profit Dropped 39.1% in First Quarter of 2022

Tianjin Ringpu Bio-Technology Co.,Ltd. (天津瑞普生物技术股份有限公司) (300119.SZ) reported a net profit of 79.6 million yuan in the first quarter of 2022, down 39.1% year-on-year.

Meanwhile, the company posted 390.8 million yuan in revenue, down 30.2% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 22.4%.