Tibet Cheezheng Tibetan Medicine Co.,Ltd.’s Net Profit Dropped 44.6% in First Three Quarters 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 357.5 million yuan in the first three quarters of 2022, down 44.6% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 19.1% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.