Wanhua Chemical Group Co.,Ltd.’s Net Profit Dropped 21.7% in First Half of 2022

Wanhua Chemical Group Co.,Ltd. (万华化学集团股份有限公司) (600309.SH) reported a net profit of 10.8 billion yuan in the first half of 2022, down 21.7% year-on-year.

Meanwhile, the company posted 89.1 billion yuan in revenue, up 31.7% year-on-year.

At the end of the reporting period, it had 207.3 billion yuan in total assets and 132.8 billion yuan in total liabilities, with a liability-to-asset ratio of 64.1%.