Shanghai Kinlita Chemical Co.,Ltd. Posted 84.5 Million Yuan Net Loss in First Three Quarters 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 84.5 million yuan in the first three quarters of 2022, widening 31.9% year-on-year.

Meanwhile, the company posted 500.2 million yuan in revenue, down 24.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 361.2 million yuan in total liabilities, with a liability-to-asset ratio of 31.3%.