Hob Biotech Group Corp.,Ltd.’s Net Profit Dropped 46% in First Half of 2022

Hob Biotech Group Corp.,Ltd. (江苏浩欧博生物医药股份有限公司) (688656.SH) reported a net profit of 24.4 million yuan in the first half of 2022, down 46% year-on-year.

Meanwhile, the company posted 151.3 million yuan in revenue, up 2.5% year-on-year.

At the end of the reporting period, it had 866.8 million yuan in total assets and 104.5 million yuan in total liabilities, with a liability-to-asset ratio of 12.1%.