Shanghai Haohai Biological Technology Co.,Ltd.’s Net Profit Dropped 36.1% in First Quarter of 2022

Shanghai Haohai Biological Technology Co.,Ltd. (上海昊海生物科技股份有限公司) (688366.SH) reported a net profit of 63.5 million yuan in the first quarter of 2022, down 36.1% year-on-year.

Meanwhile, the company posted 473.6 million yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 835.5 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.