Shanghai Chlor-Alkali Chemical Co.,Ltd.’s Net Profit Rose 39.9% in First Quarter of 2022

Shanghai Chlor-Alkali Chemical Co.,Ltd. (上海氯碱化工股份有限公司) (600618.SH) reported a net profit of 482.7 million yuan in the first quarter of 2022, up 39.9% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 27.7% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 25.6%.