Zhejiang Xinguang Pharmaceutical Co.,Ltd.’s Net Profit Dropped 4.8% in 2022

Zhejiang Xinguang Pharmaceutical Co.,Ltd. (浙江新光药业股份有限公司) (300519.SZ) reported a net profit of 108.8 million yuan in 2022, down 4.8% year-on-year.

Meanwhile, the company posted 351.5 million yuan in revenue, up 9.5% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 98.9 million yuan in total liabilities, with a liability-to-asset ratio of 10.3%.