Shanghai Haohai Biological Technology Co.,Ltd.’s Net Profit Rose 33.8% in First Quarter of 2023

Shanghai Haohai Biological Technology Co.,Ltd. (上海昊海生物科技股份有限公司) (688366.SH) reported a net profit of 85 million yuan in the first quarter of 2023, up 33.8% year-on-year.

Meanwhile, the company posted 611.3 million yuan in revenue, up 29.1% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 15.6%.