Zhejiang Xinguang Pharmaceutical Co.,Ltd.’s Net Profit Rose 9.8% in First Quarter of 2022

Zhejiang Xinguang Pharmaceutical Co.,Ltd. (浙江新光药业股份有限公司) (300519.SZ) reported a net profit of 42.8 million yuan in the first quarter of 2022, up 9.8% year-on-year.

Meanwhile, the company posted 101.9 million yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 89.9 million yuan in total liabilities, with a liability-to-asset ratio of 9.2%.