Zhejiang Xinguang Pharmaceutical Co.,Ltd.’s Net Profit Dropped 36.6% in First Half of 2023

Zhejiang Xinguang Pharmaceutical Co.,Ltd. (浙江新光药业股份有限公司) (300519.SZ) reported a net profit of 38.5 million yuan in the first half of 2023, down 36.6% year-on-year.

Meanwhile, the company posted 149 million yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 895.9 million yuan in total assets and 78.2 million yuan in total liabilities, with a liability-to-asset ratio of 8.7%.