Apr 27, 2022 08:00 AM

Zhejiang Cheng Yi Pharmaceutical Co.,Ltd.’s Net Profit Dropped 37.3% in First Quarter of 2022

By Caixin Automation

Zhejiang Cheng Yi Pharmaceutical Co.,Ltd. (浙江诚意药业股份有限公司) (603811.SH) reported a net profit of 29 million yuan in the first quarter of 2022, down 37.3% year-on-year.

Meanwhile, the company posted 159.6 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 368.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.6%.

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