Shenyang Chemical Industry Co.,Ltd. Posted 167.5 Million Yuan Net Loss in First Half of 2022

Shenyang Chemical Industry Co.,Ltd. (沈阳化工股份有限公司) (000698.SZ) reported a net loss of 167.5 million yuan in the first half of 2022, reversing a net profit of 376.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 43.8% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.9%.