Qinghai Spring Medicinal Resources Technology Co.,Ltd. Posted 48.9 Million Yuan Net Loss in First Half of 2022

Qinghai Spring Medicinal Resources Technology Co.,Ltd. (青海春天药用资源科技股份有限公司) (600381.SH) reported a net loss of 48.9 million yuan in the first half of 2022, narrowing 1.6% year-on-year.

Meanwhile, the company posted 105.4 million yuan in revenue, up 124% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 20.1 million yuan in total liabilities, with a liability-to-asset ratio of 1.1%.