Apr 29, 2023 08:00 AM

Jiangsu Huachang Chemical Co.,Ltd.’s Net Profit Dropped 47.4% in 2022

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Jiangsu Huachang Chemical Co.,Ltd. (江苏华昌化工股份有限公司) (002274.SZ) reported a net profit of 853.9 million yuan in 2022, down 47.4% year-on-year.

Meanwhile, the company posted 9 billion yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.

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