Shandong Wohua Pharmaceutical Co.,Ltd.’s Net Profit Dropped 54.8% in First Quarter of 2022

Shandong Wohua Pharmaceutical Co.,Ltd. (山东沃华医药科技股份有限公司) (002107.SZ) reported a net profit of 22.9 million yuan in the first quarter of 2022, down 54.8% year-on-year.

Meanwhile, the company posted 259.4 million yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 258 million yuan in total liabilities, with a liability-to-asset ratio of 24.3%.