Shenyang Xingqi Pharmaceutical Co.,Ltd.’s Net Profit Dropped 73.9% in First Quarter of 2023

Shenyang Xingqi Pharmaceutical Co.,Ltd. (沈阳兴齐眼药股份有限公司) (300573.SZ) reported a net profit of 19.3 million yuan in the first quarter of 2023, down 73.9% year-on-year.

Meanwhile, the company posted 286.6 million yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 250 million yuan in total liabilities, with a liability-to-asset ratio of 13.7%.