Hainan Shuangcheng Pharmaceuticals Co.,Ltd. Posted 8.5 Million Yuan Net Loss in 2022

Hainan Shuangcheng Pharmaceuticals Co.,Ltd. (海南双成药业股份有限公司) (002693.SZ) reported a net loss of 8.5 million yuan in 2022, narrowing 79.2% year-on-year.

Meanwhile, the company posted 274.8 million yuan in revenue, down 14.2% year-on-year.

At the end of the reporting period, it had 911 million yuan in total assets and 330.1 million yuan in total liabilities, with a liability-to-asset ratio of 36.2%.