Hainan Shuangcheng Pharmaceuticals Co.,Ltd. Posted 103,485 Yuan Net Profit in First Quarter of 2023

Hainan Shuangcheng Pharmaceuticals Co.,Ltd. (海南双成药业股份有限公司) (002693.SZ) reported a net profit of 103,485 yuan in the first quarter of 2023, reversing a net loss of 2.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 81.5 million yuan in revenue, up 11.3% year-on-year.

At the end of the reporting period, it had 890.8 million yuan in total assets and 309 million yuan in total liabilities, with a liability-to-asset ratio of 34.7%.