Zhejiang Medicine Co.,Ltd.’s Net Profit Dropped 59% in 2022

Zhejiang Medicine Co.,Ltd. (浙江医药股份有限公司) (600216.SH) reported a net profit of 362.6 million yuan in 2022, down 59% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 12.4 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 21.9%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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