Zhejiang Medicine Co.,Ltd.’s Net Profit Dropped 40.1% in First Half of 2023

Zhejiang Medicine Co.,Ltd. (浙江医药股份有限公司) (600216.SH) reported a net profit of 187 million yuan in the first half of 2023, down 40.1% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 12.7 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 20.8%.