Shandong Yanggu Huatai Chemical Co.,Ltd.’s Net Profit Dropped 22.1% in First Quarter of 2023

Shandong Yanggu Huatai Chemical Co.,Ltd. (山东阳谷华泰化工股份有限公司) (300121.SZ) reported a net profit of 88.5 million yuan in the first quarter of 2023, down 22.1% year-on-year.

Meanwhile, the company posted 810.6 million yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 731.5 million yuan in total liabilities, with a liability-to-asset ratio of 20.3%.