Beijing Wantai Biological Pharmacy Enterprise Co.,Ltd.’s Net Profit Dropped 9.7% in First Quarter of 2023

Beijing Wantai Biological Pharmacy Enterprise Co.,Ltd. (北京万泰生物药业股份有限公司) (603392.SH) reported a net profit of 1.3 billion yuan in the first quarter of 2023, down 9.7% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 9% year-on-year.

At the end of the reporting period, it had 17.3 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 20.2%.