Shanxi Zhendong Pharmaceutical Co.,Ltd.’s Net Profit Dropped 89.2% in First Half of 2022

Shanxi Zhendong Pharmaceutical Co.,Ltd. (山西振东制药股份有限公司) (300158.SZ) reported a net profit of 22.9 million yuan in the first half of 2022, down 89.2% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 34.8% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 26.8%.