Fuan Pharmaceutical(Group) Co.,Ltd.’s Net Profit Rose 136.2% in First Quarter of 2023

Fuan Pharmaceutical(Group) Co.,Ltd. (福安药业(集团)股份有限公司) (300194.SZ) reported a net profit of 88.3 million yuan in the first quarter of 2023, up 136.2% year-on-year.

Meanwhile, the company posted 691 million yuan in revenue, up 25% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 35.9%.