Shanxi Tond Chemical Co.,Ltd.’s Net Profit Rose 28.1% in First Quarter of 2023

Shanxi Tond Chemical Co.,Ltd. (山西同德化工股份有限公司) (002360.SZ) reported a net profit of 27 million yuan in the first quarter of 2023, up 28.1% year-on-year.

Meanwhile, the company posted 178.2 million yuan in revenue, up 1% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.