Yabao Pharmaceutical Group Co.,Ltd.’s Net Profit Rose 10.1% in First Quarter of 2022

Yabao Pharmaceutical Group Co.,Ltd. (亚宝药业集团股份有限公司) (600351.SH) reported a net profit of 70 million yuan in the first quarter of 2022, up 10.1% year-on-year.
Meanwhile, the company posted 694.3 million yuan in revenue, down 12.5% year-on-year.
At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 26%.
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