Shanghai Kinlita Chemical Co.,Ltd. Posted 56.9 Million Yuan Net Loss in First Half of 2022

Shanghai Kinlita Chemical Co.,Ltd. (上海金力泰化工股份有限公司) (300225.SZ) reported a net loss of 56.9 million yuan in the first half of 2022, widening 172.8% year-on-year.

Meanwhile, the company posted 312.3 million yuan in revenue, down 34.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 446.3 million yuan in total liabilities, with a liability-to-asset ratio of 35.2%.