Shandong Lubei Chemical Co.,Ltd.’s Net Profit Dropped 95.8% in 2022

Shandong Lubei Chemical Co.,Ltd. (山东鲁北化工股份有限公司) (600727.SH) reported a net profit of 25.5 million yuan in 2022, down 95.8% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 8.1% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 58.2%.