Sinodaan Co.,Ltd.’s Net Profit Dropped 10.9% in First Quarter of 2022

Sinodaan Co.,Ltd. (中达安股份有限公司) (300635.SZ) reported a net profit of 8.7 million yuan in the first quarter of 2022, down 10.9% year-on-year.

Meanwhile, the company posted 141.8 million yuan in revenue, up 9.5% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 464.2 million yuan in total liabilities, with a liability-to-asset ratio of 39.8%.