Jiangsu Nhwa Pharmaceutical Co.,Ltd.’s Net Profit Rose 20.6% in First Quarter of 2023

Jiangsu Nhwa Pharmaceutical Co.,Ltd. (江苏恩华药业股份有限公司) (002262.SZ) reported a net profit of 225.2 million yuan in the first quarter of 2023, up 20.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 18.8% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 14.8%.