Tianjin Ringpu Bio-Technology Co.,Ltd.’s Net Profit Dropped 31.6% in First Half of 2022

Tianjin Ringpu Bio-Technology Co.,Ltd. (天津瑞普生物技术股份有限公司) (300119.SZ) reported a net profit of 153.6 million yuan in the first half of 2022, down 31.6% year-on-year.

Meanwhile, the company posted 908.3 million yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 27.2%.