Lbx Pharmacy Chain Joint Stock Company’s Net Profit Rose 24.7% in First Quarter of 2023

Lbx Pharmacy Chain Joint Stock Company (老百姓大药房连锁股份有限公司) (603883.SH) reported a net profit of 337.5 million yuan in the first quarter of 2023, up 24.7% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, up 31.4% year-on-year.

At the end of the reporting period, it had 21.3 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 65.6%.