Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd. Posted 26.3 Million Yuan Net Profit in First Half of 2023

Jiangsu Wuzhong Pharmaceutical Development Co.,Ltd. (江苏吴中医药发展股份有限公司) (600200.SH) reported a net profit of 26.3 million yuan in the first half of 2023, reversing a net loss of 20.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 40% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 54.3%.