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$Procaps (PROC.US)$Revenue increased continuously for 3 year...

$Procaps(PROC.US)$Revenue increased continuously for 3 years after listing in 2019. After peaking in 2021, operating profit fell sharply by 43.1% in 2022. Net profit is very interesting. The loss in 2021 was 100 million, but instead reached 43 million in 2022. The income statement shows that on the one hand, this is due to a sharp drop in interest expenses; on the other hand, other expenses of 69 million yuan in 2021 became 49 million other net income by 2022.
Although interest expenses fell sharply in 2022, they still account for 90% of operating profit and are extremely burdensome.
The current price-earnings ratio is 10.6. Since net profit in 2022 is mainly brought about by other net income, it is unattractive.
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