Jiuzhitang Co.,Ltd.’s Net Profit Rose 15.7% in First Quarter of 2022

Jiuzhitang Co.,Ltd. (九芝堂股份有限公司) (000989.SZ) reported a net profit of 123.2 million yuan in the first quarter of 2022, up 15.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 25.5%.