Shenyang Chemical Industry Co.,Ltd. Posted 1.8 Billion Yuan Net Loss in 2022

Shenyang Chemical Industry Co.,Ltd. (沈阳化工股份有限公司) (000698.SZ) reported a net loss of 1.8 billion yuan in 2022, reversing a net profit of 107 million yuan for the previous year.

Meanwhile, the company posted 5.9 billion yuan in revenue, down 41.4% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.