Anhui Huaheng Biotechnology Co.,Ltd.’s Net Profit Rose 47% in First Quarter of 2023

Anhui Huaheng Biotechnology Co.,Ltd. (安徽华恒生物科技股份有限公司) (688639.SH) reported a net profit of 81.2 million yuan in the first quarter of 2023, up 47% year-on-year.

Meanwhile, the company posted 400.3 million yuan in revenue, up 48% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 625.7 million yuan in total liabilities, with a liability-to-asset ratio of 28.5%.