Shanxi Zhendong Pharmaceutical Co.,Ltd. Posted 902,066 Yuan Net Loss in First Quarter of 2023

Shanxi Zhendong Pharmaceutical Co.,Ltd. (山西振东制药股份有限公司) (300158.SZ) reported a net loss of 902,066 yuan in the first quarter of 2023, reversing a net profit of 7.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 18.8%.