Nanjing Hicin Pharmaceutical Co.,Ltd.’s Net Profit Dropped 88.7% in 2022

Nanjing Hicin Pharmaceutical Co.,Ltd. (南京海辰药业股份有限公司) (300584.SZ) reported a net profit of 32.1 million yuan in 2022, down 88.7% year-on-year.

Meanwhile, the company posted 526.5 million yuan in revenue, down 9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 343.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.5%.