Shanghai Hile Bio-Technology Co.,Ltd.’s Net Profit Rose 20.8% in First Quarter of 2023

Shanghai Hile Bio-Technology Co.,Ltd. (上海海利生物技术股份有限公司) (603718.SH) reported a net profit of 13.6 million yuan in the first quarter of 2023, up 20.8% year-on-year.

Meanwhile, the company posted 71.2 million yuan in revenue, down 16.3% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 361.3 million yuan in total liabilities, with a liability-to-asset ratio of 24.6%.