Guangdong Jiaying Pharmaceutical Co.,Ltd.’s Net Profit Dropped 67.3% in First Quarter of 2022

Guangdong Jiaying Pharmaceutical Co.,Ltd. (广东嘉应制药股份有限公司) (002198.SZ) reported a net profit of 2.5 million yuan in the first quarter of 2022, down 67.3% year-on-year.

Meanwhile, the company posted 120.6 million yuan in revenue, down 1.1% year-on-year.

At the end of the reporting period, it had 790 million yuan in total assets and 103 million yuan in total liabilities, with a liability-to-asset ratio of 13%.