Shanghai Kehua Bio-Engineering Co.,Ltd.’s Net Profit Dropped 94.1% in First Quarter of 2022

Shanghai Kehua Bio-Engineering Co.,Ltd. (上海科华生物工程股份有限公司) (002022.SZ) reported a net profit of 31.8 million yuan in the first quarter of 2022, down 94.1% year-on-year.

Meanwhile, the company posted 420.5 million yuan in revenue, down 71.1% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 22.8%.