Zhende Medical Co.,Ltd.’s Net Profit Dropped 38.5% in First Half of 2022

Zhende Medical Co.,Ltd. (振德医疗用品股份有限公司) (603301.SH) reported a net profit of 278.4 million yuan in the first half of 2022, down 38.5% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.