Apr 27, 2022 08:00 AM

Wanhua Chemical Group Co.,Ltd.’s Net Profit Dropped 18.2% in First Quarter of 2022

By Caixin Automation

Wanhua Chemical Group Co.,Ltd. (万华化学集团股份有限公司) (600309.SH) reported a net profit of 5.5 billion yuan in the first quarter of 2022, down 18.2% year-on-year.

Meanwhile, the company posted 41.8 billion yuan in revenue, up 33.4% year-on-year.

At the end of the reporting period, it had 208 billion yuan in total assets and 130.8 billion yuan in total liabilities, with a liability-to-asset ratio of 62.9%.

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