Shanghai Runda Medical Technology Co.,Ltd.’s Net Profit Dropped 44.8% in First Quarter of 2022

Shanghai Runda Medical Technology Co.,Ltd. (上海润达医疗科技股份有限公司) (603108.SH) reported a net profit of 79.9 million yuan in the first quarter of 2022, down 44.8% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 12.5 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 64.4%.