Changjiang Pharmaceutical Group Co.,Ltd. Posted 30.8 Million Yuan Net Loss in First Quarter of 2023

Changjiang Pharmaceutical Group Co.,Ltd. (长江医药控股股份有限公司) (300391.SZ) reported a net loss of 30.8 million yuan in the first quarter of 2023, reversing a net profit of 50.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 136.8 million yuan in revenue, down 74.9% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.