Zhejiang Juhua Co.,Ltd.’s Net Profit Dropped 39.6% in First Quarter of 2023

Zhejiang Juhua Co.,Ltd. (浙江巨化股份有限公司) (600160.SH) reported a net profit of 143.2 million yuan in the first quarter of 2023, down 39.6% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 22.8 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.