Zhende Medical Co.,Ltd.’s Net Profit Rose 26.5% in First Quarter of 2023

Zhende Medical Co.,Ltd. (振德医疗用品股份有限公司) (603301.SH) reported a net profit of 148 million yuan in the first quarter of 2023, up 26.5% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 27%.