Shanghai No.1 Pharmacy Co.,Ltd.’s Net Profit Rose 373.2% in First Quarter of 2023

Shanghai No.1 Pharmacy Co.,Ltd. (上海第一医药股份有限公司) (600833.SH) reported a net profit of 29.6 million yuan in the first quarter of 2023, up 373.2% year-on-year.

Meanwhile, the company posted 459.1 million yuan in revenue, up 17.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.