Poly Union Chemical Holding Group Co.,Ltd. Posted 36.4 Million Yuan Net Loss in First Quarter of 2023

Poly Union Chemical Holding Group Co.,Ltd. (保利联合化工控股集团股份有限公司) (002037.SZ) reported a net loss of 36.4 million yuan in the first quarter of 2023, narrowing 47.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 25.3% year-on-year.

At the end of the reporting period, it had 16.5 billion yuan in total assets and 12.8 billion yuan in total liabilities, with a liability-to-asset ratio of 77.4%.