Fuan Pharmaceutical(Group) Co.,Ltd.’s Net Profit Dropped 37.4% in First Quarter of 2022

Fuan Pharmaceutical(Group) Co.,Ltd. (福安药业(集团)股份有限公司) (300194.SZ) reported a net profit of 37.4 million yuan in the first quarter of 2022, down 37.4% year-on-year.

Meanwhile, the company posted 552.7 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.