Baolingbao Biology Co.,Ltd.’s Net Profit Dropped 60.1% in First Quarter of 2023

Baolingbao Biology Co.,Ltd. (保龄宝生物股份有限公司) (002286.SZ) reported a net profit of 17 million yuan in the first quarter of 2023, down 60.1% year-on-year.

Meanwhile, the company posted 610.3 million yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.