May 05, 2023 08:00 AM

Jiuzhitang Co.,Ltd.’s Net Profit Rose 31.2% in First Quarter of 2023

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Jiuzhitang Co.,Ltd. (九芝堂股份有限公司) (000989.SZ) reported a net profit of 161.6 million yuan in the first quarter of 2023, up 31.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 9% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 25.2%.

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