Apr 30, 2022 08:00 AM

Zhejiang Dayang Biology Technology Co.,Ltd.’s Net Profit Dropped 66.6% in First Quarter of 2022

By Caixin Automation

Zhejiang Dayang Biology Technology Co.,Ltd. (浙江大洋生物科技集团股份有限公司) (003017.SZ) reported a net profit of 8.4 million yuan in the first quarter of 2022, down 66.6% year-on-year.

Meanwhile, the company posted 194 million yuan in revenue, up 9.8% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 376.1 million yuan in total liabilities, with a liability-to-asset ratio of 27.8%.

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