Yipinhong Pharmaceutical Co.,Ltd.’s Net Profit Rose 41.6% in First Quarter of 2023

Yipinhong Pharmaceutical Co.,Ltd. (一品红药业股份有限公司) (300723.SZ) reported a net profit of 104.4 million yuan in the first quarter of 2023, up 41.6% year-on-year.

Meanwhile, the company posted 716 million yuan in revenue, up 38.8% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 47.9%.