Wuxi Apptech Co.,Ltd.’s Net Profit Rose 14.6% in First Half of 2023

Wuxi Apptech Co.,Ltd. (无锡药明康德新药开发股份有限公司) (603259.SH) reported a net profit of 5.4 billion yuan in the first half of 2023, up 14.6% year-on-year.

Meanwhile, the company posted 18.9 billion yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 69.3 billion yuan in total assets and 19.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.6%.