Apr 28, 2022 08:00 AM

Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd.’s Net Profit Dropped 92.6% in First Quarter of 2022

By Caixin Automation

Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd. (江苏吴中医药发展股份有限公司) (600200.SH) reported a net profit of 7 million yuan in the first quarter of 2022, down 92.6% year-on-year.

Meanwhile, the company posted 444.3 million yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 48.8%.

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