Tangshan Sanyou Chemical Industries Co.,Ltd.’s Net Profit Dropped 28.4% in 2022

Tangshan Sanyou Chemical Industries Co.,Ltd. (唐山三友化工股份有限公司) (600409.SH) reported a net profit of 1.3 billion yuan in 2022, down 28.4% year-on-year.

Meanwhile, the company posted 23.7 billion yuan in revenue, up 2.1% year-on-year.

At the end of the reporting period, it had 27.6 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.