Zhejiang Cheng Yi Pharmaceutical Co.,Ltd.’s Net Profit Rose 36.8% in First Quarter of 2023

Zhejiang Cheng Yi Pharmaceutical Co.,Ltd. (浙江诚意药业股份有限公司) (603811.SH) reported a net profit of 39.6 million yuan in the first quarter of 2023, up 36.8% year-on-year.

Meanwhile, the company posted 147.8 million yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 685.2 million yuan in total liabilities, with a liability-to-asset ratio of 37.7%.