Apr 27, 2022 08:00 AM

Ningbo Menovo Pharmaceutical Co.,Ltd.’s Net Profit Rose 135.5% in First Quarter of 2022

By Caixin Automation

Ningbo Menovo Pharmaceutical Co.,Ltd. (宁波美诺华药业股份有限公司) (603538.SH) reported a net profit of 126.8 million yuan in the first quarter of 2022, up 135.5% year-on-year.

Meanwhile, the company posted 500.2 million yuan in revenue, up 47.9% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.3%.

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