Zhejiang Hailiang Co.,Ltd.’s Net Profit Rose 14.2% in First Quarter of 2022

Zhejiang Hailiang Co.,Ltd. (浙江海亮股份有限公司) (002203.SZ) reported a net profit of 314.7 million yuan in the first quarter of 2022, up 14.2% year-on-year.

Meanwhile, the company posted 18.5 billion yuan in revenue, up 19.1% year-on-year.

At the end of the reporting period, it had 34.7 billion yuan in total assets and 22.7 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.