Yangmei Chemical Co.,Ltd.’s Net Profit Dropped 60% in First Three Quarters of 2022

Yangmei Chemical Co.,Ltd. (阳煤化工股份有限公司) (600691.SH) reported a net profit of 210.2 million yuan in the first three quarters of 2022, down 60% year-on-year.

Meanwhile, the company posted 13.5 billion yuan in revenue, down 0.5% year-on-year.

At the end of the reporting period, it had 24.4 billion yuan in total assets and 17.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.