Shandong Wohua Pharmaceutical Co.,Ltd.’s Net Profit Dropped 44.3% in 2022

Shandong Wohua Pharmaceutical Co.,Ltd. (山东沃华医药科技股份有限公司) (002107.SZ) reported a net profit of 89.9 million yuan in 2022, down 44.3% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 7.7% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 310.2 million yuan in total liabilities, with a liability-to-asset ratio of 28.2%.