Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.’s Net Profit Dropped 11.7% in 2022

Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. (浙江嘉化能源化工股份有限公司) (600273.SH) reported a net profit of 1.6 billion yuan in 2022, down 11.7% year-on-year.

Meanwhile, the company posted 11.5 billion yuan in revenue, up 26.9% year-on-year.

At the end of the reporting period, it had 12.3 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 20.2%.