Luyan Pharma Co.,Ltd.’s Net Profit Rose 16.8% in First Quarter of 2022

Luyan Pharma Co.,Ltd. (鹭燕医药股份有限公司) (002788.SZ) reported a net profit of 71.3 million yuan in the first quarter of 2022, up 16.8% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, up 11.3% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 75%.