Guangyuyuan Chinese Herbal Medicine Co.,Ltd.’s Net Profit Rose 28.6% in First Quarter of 2023

Guangyuyuan Chinese Herbal Medicine Co.,Ltd. (广誉远中药股份有限公司) (600771.SH) reported a net profit of 9.6 million yuan in the first quarter of 2023, up 28.6% year-on-year.

Meanwhile, the company posted 369 million yuan in revenue, up 55.2% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.