Shenyang Chemical Industry Co.,Ltd. Posted 105.1 Million Yuan Net Loss in First Quarter of 2023

Shenyang Chemical Industry Co.,Ltd. (沈阳化工股份有限公司) (000698.SZ) reported a net loss of 105.1 million yuan in the first quarter of 2023, narrowing 7.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 21.1% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 71.6%.