Contec Medical Systems Co.,Ltd.’s Net Profit Dropped 36.2% in First Quarter of 2022

Contec Medical Systems Co.,Ltd. (康泰医学系统(秦皇岛)股份有限公司) (300869.SZ) reported a net profit of 73.3 million yuan in the first quarter of 2022, down 36.2% year-on-year.

Meanwhile, the company posted 183.2 million yuan in revenue, down 29.5% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 33.9%.