Jiangsu Lianhuan Pharmaceutical Co.,Ltd.’s Net Profit Dropped 14.6% in First Half of 2023

Jiangsu Lianhuan Pharmaceutical Co.,Ltd. (江苏联环药业股份有限公司) (600513.SH) reported a net profit of 67.7 million yuan in the first half of 2023, down 14.6% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 6.5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 47.9%.