Cachet Pharmaceutical Co.,Ltd.’s Net Profit Dropped 19.6% in First Quarter of 2023

Cachet Pharmaceutical Co.,Ltd. (嘉事堂药业股份有限公司) (002462.SZ) reported a net profit of 97.6 million yuan in the first quarter of 2023, down 19.6% year-on-year.

Meanwhile, the company posted 6.8 billion yuan in revenue, up 4.6% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 10.8 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.