Wanhua Chemical Group Co.,Ltd.’s Net Profit Dropped 31.9% in 2022

Wanhua Chemical Group Co.,Ltd. (万华化学集团股份有限公司) (600309.SH) reported a net profit of 17 billion yuan in 2022, down 31.9% year-on-year.

Meanwhile, the company posted 165.6 billion yuan in revenue, up 13.8% year-on-year.

At the end of the reporting period, it had 200.8 billion yuan in total assets and 119.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.5%.