Shandong Wohua Pharmaceutical Co.,Ltd.’s Net Profit Dropped 37.3% in First Half of 2023

Shandong Wohua Pharmaceutical Co.,Ltd. (山东沃华医药科技股份有限公司) (002107.SZ) reported a net profit of 29.6 million yuan in the first half of 2023, down 37.3% year-on-year.

Meanwhile, the company posted 492.3 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 310.7 million yuan in total liabilities, with a liability-to-asset ratio of 27.5%.