Shenzhen Tagen Group Co.,Ltd.’s Net Profit Dropped 1.7% in First Quarter of 2022

Shenzhen Tagen Group Co.,Ltd. (深圳市天健(集团)股份有限公司) (000090.SZ) reported a net profit of 906.3 million yuan in the first quarter of 2022, down 1.7% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 63.7 billion yuan in total assets and 49.9 billion yuan in total liabilities, with a liability-to-asset ratio of 78.4%.