Tangshan Sanyou Chemical Industries Co.,Ltd.’s Net Profit Dropped 26.9% in First Half of 2022

Tangshan Sanyou Chemical Industries Co.,Ltd. (唐山三友化工股份有限公司) (600409.SH) reported a net profit of 898 million yuan in the first half of 2022, down 26.9% year-on-year.

Meanwhile, the company posted 12.3 billion yuan in revenue, up 9.5% year-on-year.

At the end of the reporting period, it had 27.2 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 47.9%.