Mingchen Health Co.,Ltd.’s Net Profit Dropped 72.6% in First Half of 2022

Mingchen Health Co.,Ltd. (名臣健康用品股份有限公司) (002919.SZ) reported a net profit of 27.1 million yuan in the first half of 2022, down 72.6% year-on-year.

Meanwhile, the company posted 344.6 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 223.7 million yuan in total liabilities, with a liability-to-asset ratio of 23.1%.