Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd.’s Net Profit Rose 293.1% in First Quarter of 2023

Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd. (江苏吴中医药发展股份有限公司) (600200.SH) reported a net profit of 27.6 million yuan in the first quarter of 2023, up 293.1% year-on-year.

Meanwhile, the company posted 611.8 million yuan in revenue, up 37.7% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.