Rongsheng Petro Chemical Co.,Ltd.’s Net Profit Dropped 73.9% in 2022

Rongsheng Petro Chemical Co.,Ltd. (荣盛石化股份有限公司) (002493.SZ) reported a net profit of 6.4 billion yuan in 2022, down 73.9% year-on-year.

Meanwhile, the company posted 289.1 billion yuan in revenue, up 57.9% year-on-year.

At the end of the reporting period, it had 362.6 billion yuan in total assets and 265.4 billion yuan in total liabilities, with a liability-to-asset ratio of 73.2%.