Jilin Chemical Fibre Co.,Ltd. Posted 83.7 Million Yuan Net Loss in First Three Quarters of 2022

Jilin Chemical Fibre Co.,Ltd. (吉林化纤股份有限公司) (000420.SZ) reported a net loss of 83.7 million yuan in the first three quarters of 2022, reversing a net profit of 1.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 3 billion yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.