Zhejiang Shapuaisi Pharmaceutical Co.,Ltd.’s Net Profit Dropped 19.1% in First Quarter of 2023

Zhejiang Shapuaisi Pharmaceutical Co.,Ltd. (浙江莎普爱思药业股份有限公司) (603168.SH) reported a net profit of 22.4 million yuan in the first quarter of 2023, down 19.1% year-on-year.

Meanwhile, the company posted 162.2 million yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 261.6 million yuan in total liabilities, with a liability-to-asset ratio of 13.1%.