Jiangsu Aidea Pharmaceutical Co.,Ltd. Posted 486,170 Yuan Net Profit in First Quarter of 2023

Jiangsu Aidea Pharmaceutical Co.,Ltd. (江苏艾迪药业股份有限公司) (688488.SH) reported a net profit of 486,170 yuan in the first quarter of 2023, reversing a net loss of 22.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 112.6 million yuan in revenue, up 220.8% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 495.3 million yuan in total liabilities, with a liability-to-asset ratio of 29.2%.