Yantai Dongcheng Biochemicals Co.,Ltd.’s Net Profit Dropped 25.2% in First Quarter of 2022

Yantai Dongcheng Biochemicals Co.,Ltd. (烟台东诚药业集团股份有限公司) (002675.SZ) reported a net profit of 66.2 million yuan in the first quarter of 2022, down 25.2% year-on-year.

Meanwhile, the company posted 879.7 million yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.