Zhejiang Dayang Biology Technology Co.,Ltd.’s Net Profit Rose 130.1% in First Quarter of 2023

Zhejiang Dayang Biology Technology Co.,Ltd. (浙江大洋生物科技集团股份有限公司) (003017.SZ) reported a net profit of 19.4 million yuan in the first quarter of 2023, up 130.1% year-on-year.

Meanwhile, the company posted 251.3 million yuan in revenue, up 29.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 527.3 million yuan in total liabilities, with a liability-to-asset ratio of 34.4%.