Mingchen Health Co.,Ltd. Posted 18.4 Million Yuan Net Loss in First Three Quarters of 2022

Mingchen Health Co.,Ltd. (名臣健康用品股份有限公司) (002919.SZ) reported a net loss of 18.4 million yuan in the first three quarters of 2022, reversing a net profit of 121 million yuan for the same period in the previous year.

Meanwhile, the company posted 563 million yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 283.1 million yuan in total liabilities, with a liability-to-asset ratio of 28.9%.