Jiangsu Lianhuan Pharmaceutical Co.,Ltd.’s Net Profit Dropped 16.5% in First Three Quarters 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 100.6 million yuan in the first three quarters of 2023, down 16.5% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 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 47.7%.