Tibet Cheezheng Tibetan Medicine Co.,Ltd.’s Net Profit Rose 6.2% in First Three Quarters of 2023

Tibet Cheezheng Tibetan Medicine Co.,Ltd. (西藏奇正藏药股份有限公司) (002287.SZ) reported a net profit of 379.5 million yuan in the first three quarters of 2023, up 6.2% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.