Apr 12, 2023 08:00 AM

Hainan Haiyao Co.,Ltd. Posted 2.4 Million Yuan Net Profit in 2022

By Caixin Automation

Hainan Haiyao Co.,Ltd. (海南海药股份有限公司) (000566.SZ) reported a net profit of 2.4 million yuan in 2022, reversing a net loss of 1.6 billion yuan for the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 13.6% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 68.3%.

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