Yabao Pharmaceutical Group Co.,Ltd.’s Net Profit Dropped 43.1% in 2022

Yabao Pharmaceutical Group Co.,Ltd. (亚宝药业集团股份有限公司) (600351.SH) reported a net profit of 104.6 million yuan in 2022, down 43.1% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.2%.