Guangyuyuan Chinese Herbal Medicine Co.,Ltd. Posted 23.8 Million Yuan Net Profit in First Three Quarters of 2023

Guangyuyuan Chinese Herbal Medicine Co.,Ltd. (广誉远中药股份有限公司) (600771.SH) reported a net profit of 23.8 million yuan in the first three quarters of 2023, reversing a net loss of 53.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 937.8 million yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 797.2 million yuan in total liabilities, with a liability-to-asset ratio of 31.3%.