Tibet Cheezheng Tibetan Medicine Co.,Ltd.’s Net Profit Dropped 33.9% in 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 469.5 million yuan in 2022, down 33.9% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.