Well Lead Medical Co.,Ltd.’s Net Profit Rose 66.8% in First Quarter of 2022

Well Lead Medical Co.,Ltd. (广州维力医疗器械股份有限公司) (603309.SH) reported a net profit of 41.4 million yuan in the first quarter of 2022, up 66.8% year-on-year.

Meanwhile, the company posted 300.9 million yuan in revenue, up 36.9% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 555 million yuan in total liabilities, with a liability-to-asset ratio of 25.4%.