Tibet Cheezheng Tibetan Medicine Co.,Ltd.’s Net Profit Dropped 76.6% in First Half of 2022

Tibet Cheezheng Tibetan Medicine Co.,Ltd. (西藏奇正藏药股份有限公司) (002287.SZ) reported a net profit of 231.4 million yuan in the first half of 2022, down 76.6% year-on-year.

Meanwhile, the company posted 896.9 million yuan in revenue, up 14.1% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.