Humanwell Healthcare(Group) Co.,Ltd.’s Net Profit Dropped 17.1% in First Quarter of 2023

Humanwell Healthcare(Group) Co.,Ltd. (人福医药集团股份公司) (600079.SH) reported a net profit of 861.1 million yuan in the first quarter of 2023, down 17.1% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 35.4 billion yuan in total assets and 16.7 billion yuan in total liabilities, with a liability-to-asset ratio of 47.1%.