Hengyi Petrochemical Co.,Ltd.’s Net Profit Dropped 38.5% in First Three Quarters of 2022

Hengyi Petrochemical Co.,Ltd. (恒逸石化股份有限公司) (000703.SZ) reported a net profit of 2.2 billion yuan in the first three quarters of 2022, down 38.5% year-on-year.

Meanwhile, the company posted 123.3 billion yuan in revenue, up 26.9% year-on-year.

At the end of the reporting period, it had 112.6 billion yuan in total assets and 76.5 billion yuan in total liabilities, with a liability-to-asset ratio of 67.9%.