Yunnan Baiyao Group Co.,Ltd.’s Net Profit Rose 67.7% in First Quarter of 2023

Yunnan Baiyao Group Co.,Ltd. (云南白药集团股份有限公司) (000538.SZ) reported a net profit of 1.5 billion yuan in the first quarter of 2023, up 67.7% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 54.7 billion yuan in total assets and 14.7 billion yuan in total liabilities, with a liability-to-asset ratio of 26.8%.