Wanhua Chemical Group Co.,Ltd.’s Net Profit Dropped 28.4% in First Three Quarters 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 14.2 billion yuan in the first three quarters of 2022, down 28.4% year-on-year.

Meanwhile, the company posted 130.4 billion yuan in revenue, up 21.5% year-on-year.

At the end of the reporting period, it had 215.9 billion yuan in total assets and 137.9 billion yuan in total liabilities, with a liability-to-asset ratio of 63.9%.