Shandong Bailong Chuangyuan Bio-Tech Co.,Ltd.’s Net Profit Rose 9.1% in First Quarter of 2023

Shandong Bailong Chuangyuan Bio-Tech Co.,Ltd. (山东百龙创园生物科技股份有限公司) (605016.SH) reported a net profit of 44.4 million yuan in the first quarter of 2023, up 9.1% year-on-year.

Meanwhile, the company posted 194.5 million yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 157.3 million yuan in total liabilities, with a liability-to-asset ratio of 10.2%.