Wuhan Hiteck Biological Pharma Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 06:49 am EDT
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Wuhan Hiteck Biological Pharma Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 166.2 million compared to CNY 157.83 million a year ago. Revenue was CNY 166.2 million compared to CNY 157.83 million a year ago. Net income was CNY 7.69 million compared to CNY 14.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.14 a year ago.
Wuhan Hiteck Biological Pharma Co Ltd is a biopharmaceutical company. The Company operates five segments. The Biopharmaceutical segment is engaged in research, development, production and sales of biological products, and its primary product is mouse nerve growth factor for injection named Jinlujie. The Medical Technology Service segment is mainly involved in the technical development, technical consultation and technology transfer of chemical drugs. The In Vitro Diagnostic Reagents segment operates the research, development, production and sales of in vitro diagnostic reagents. The Pharmaceutical Sales and Wholesale segment is engaged in the sales and wholesale of pharmaceuticals. The Other segmentâs businesses include the cultivation and sales of Chinese herbal medicines, and the wholesale and retail of health products.