Tibet Cheezheng Tibetan Medicine Co.,Ltd.’s Net Profit Rose 34.3% in First Half of 2023

Tibet Cheezheng Tibetan Medicine Co.,Ltd. (西藏奇正藏药股份有限公司) (002287.SZ) reported a net profit of 310.7 million yuan in the first half of 2023, up 34.3% year-on-year.

Meanwhile, the company posted 829.8 million yuan in revenue, down 7.5% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.