Changzhou Qianhong Bio-Pharma Co.,Ltd.’s Net Profit Rose 71.7% in 2022

Changzhou Qianhong Bio-Pharma Co.,Ltd. (常州千红生化制药股份有限公司) (002550.SZ) reported a net profit of 319.9 million yuan in 2022, up 71.7% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 22.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 372.5 million yuan in total liabilities, with a liability-to-asset ratio of 13.3%.