Hualan Biological Engineering,Inc.’s Net Profit Rose 63.7% in First Quarter of 2023

Hualan Biological Engineering,Inc. (华兰生物工程股份有限公司) (002007.SZ) reported a net profit of 382.4 million yuan in the first quarter of 2023, up 63.7% year-on-year.

Meanwhile, the company posted 880.7 million yuan in revenue, up 37.5% year-on-year.

At the end of the reporting period, it had 15.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 16.5%.