Mayinglong Pharmaceutical Group Co., LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:24 am
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Mayinglong Pharmaceutical Group Co., LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 949.09 million compared to CNY 860.96 million a year ago. Revenue was CNY 949.09 million compared to CNY 860.96 million a year ago. Net income was CNY 137.55 million compared to CNY 117.26 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.27 a year ago. Diluted earnings per share from continuing operations was CNY 0.32 compared to CNY 0.27 a year ago.
Mayinglong Pharmaceutical Group Co., Ltd. is a China-based company, principally engaged in pharmaceutical production, retailing and wholesaling businesses. The Company's pharmaceutical products are classified as drugs for hemorrhoid, including diosmin tablets, suppositories, pastes and granules, among others; drugs for cough, including levodropropizine oral solution and compound glycyrrhiza oral solution, as well as drugs for skin injuries, including products such as erythromycin ointment. The Company also provides specialty drugs. The Company is also engaged in the production and distribution of eye cream products with the brand named Mayinglong BaBao, as well as the provision of hospital clinical service. The Company distributes its products mainly in domestic markets.