Luyan Pharma Co.,Ltd.’s Net Profit Rose 10.2% in First Quarter of 2023

Luyan Pharma Co.,Ltd. (鹭燕医药股份有限公司) (002788.SZ) reported a net profit of 78.6 million yuan in the first quarter of 2023, up 10.2% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 8.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74.8%.