Zhejiang Wolwo Bio-Pharmaceutical Co.,Ltd.’s Net Profit Dropped 24.7% in First Quarter of 2023

Zhejiang Wolwo Bio-Pharmaceutical Co.,Ltd. (浙江我武生物科技股份有限公司) (300357.SZ) reported a net profit of 67 million yuan in the first quarter of 2023, down 24.7% year-on-year.

Meanwhile, the company posted 183.1 million yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 163.7 million yuan in total liabilities, with a liability-to-asset ratio of 7.3%.