Jilin Chemical Fibre Co.,Ltd. Posted 94 Million Yuan Net Loss in First Half of 2022

Jilin Chemical Fibre Co.,Ltd. (吉林化纤股份有限公司) (000420.SZ) reported a net loss of 94 million yuan in the first half of 2022, reversing a net profit of 40.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 10.9% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.5%.