Fujian Cosunter Pharmaceutical Co.,Ltd. Posted 70.6 Million Yuan Net Loss in First Quarter of 2023

Fujian Cosunter Pharmaceutical Co.,Ltd. (福建广生堂药业股份有限公司) (300436.SZ) reported a net loss of 70.6 million yuan in the first quarter of 2023, widening 536.5% year-on-year.

Meanwhile, the company posted 88.2 million yuan in revenue, down 8.6% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 834.1 million yuan in total liabilities, with a liability-to-asset ratio of 48.5%.