Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd. Posted 20.5 Million Yuan Net Loss in First Half of 2022

Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd. (江苏吴中医药发展股份有限公司) (600200.SH) reported a net loss of 20.5 million yuan in the first half of 2022, reversing a net profit of 68.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 786.1 million yuan in revenue, down 24% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 48%.