Zhejiang Jiuzhou Pharmaceutical Co.,Ltd.’s Net Profit Rose 34.8% in First Quarter of 2023

Zhejiang Jiuzhou Pharmaceutical Co.,Ltd. (浙江九洲药业股份有限公司) (603456.SH) reported a net profit of 279.5 million yuan in the first quarter of 2023, up 34.8% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 27.5% year-on-year.

At the end of the reporting period, it had 11 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 25.7%.