Shandong Wohua Pharmaceutical Co.,Ltd.’s Net Profit Dropped 53.4% in First Half of 2022

Shandong Wohua Pharmaceutical Co.,Ltd. (山东沃华医药科技股份有限公司) (002107.SZ) reported a net profit of 47.1 million yuan in the first half of 2022, down 53.4% year-on-year.

Meanwhile, the company posted 503.6 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 278.9 million yuan in total liabilities, with a liability-to-asset ratio of 25.2%.