Shanghai Chlor-Alkali Chemical Co.,Ltd.’s Net Profit Dropped 23.8% in 2022

Shanghai Chlor-Alkali Chemical Co.,Ltd. (上海氯碱化工股份有限公司) (600618.SH) reported a net profit of 1.3 billion yuan in 2022, down 23.8% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, down 4.5% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 25.9%.