Qingdao Haier Biomedical Co.,Ltd.’s Net Profit Rose 22.4% in First Quarter of 2023

Qingdao Haier Biomedical Co.,Ltd. (青岛海尔生物医疗股份有限公司) (688139.SH) reported a net profit of 139.5 million yuan in the first quarter of 2023, up 22.4% year-on-year.

Meanwhile, the company posted 686.7 million yuan in revenue, up 21.9% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 22.5%.