Shandong Xinhua Pharmaceutical Company Limited’s Net Profit Rose 38.9% in First Half of 2023

Shandong Xinhua Pharmaceutical Company Limited (山东新华制药股份有限公司) (000756.SZ) reported a net profit of 275.7 million yuan in the first half of 2023, up 38.9% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, up 27.5% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.