Ningbo David Medical Device Co.,Ltd.’s Net Profit Dropped 56.4% in First Quarter of 2022

Ningbo David Medical Device Co.,Ltd. (宁波戴维医疗器械股份有限公司) (300314.SZ) reported a net profit of 9.6 million yuan in the first quarter of 2022, down 56.4% year-on-year.

Meanwhile, the company posted 97.7 million yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 142.3 million yuan in total liabilities, with a liability-to-asset ratio of 12.5%.