Tianjin Ringpu Bio-Technology Co.,Ltd.’s Net Profit Rose 9.9% in First Quarter of 2023

Tianjin Ringpu Bio-Technology Co.,Ltd. (天津瑞普生物技术股份有限公司) (300119.SZ) reported a net profit of 87.5 million yuan in the first quarter of 2023, up 9.9% year-on-year.

Meanwhile, the company posted 442.8 million yuan in revenue, up 13.3% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 24%.