Joincare Pharmaceutical Group Industry Co.,Ltd.’s Net Profit Rose 1.9% in First Quarter of 2023

Joincare Pharmaceutical Group Industry Co.,Ltd. (健康元药业集团股份有限公司) (600380.SH) reported a net profit of 878.5 million yuan in the first quarter of 2023, up 1.9% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 36.2 billion yuan in total assets and 13.8 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.