Yifan Pharmaceutical Co.,Ltd.’s Net Profit Dropped 35% in First Half of 2023

Yifan Pharmaceutical Co.,Ltd. (亿帆医药股份有限公司) (002019.SZ) reported a net profit of 84.7 million yuan in the first half of 2023, down 35% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 9.9% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 26.2%.