May 06, 2023 08:00 AM

Sinochem International Co.,Ltd.’s Net Profit Dropped 66.7% in 2022

00:00

00:00/00:00

Listen to this article 1x

Sinochem International Co.,Ltd. (中化国际(控股)股份有限公司) (600500.SH) reported a net profit of 2.2 billion yuan in 2022, down 66.7% year-on-year.

Meanwhile, the company posted 87.4 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 70.3 billion yuan in total assets and 43.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.2%.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Powerful Quake Strikes Off Japan

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

China Business Uncovered Podcast: Brazil’s ‘Very Chinese Moment’

00:00

00:00/00:00

MOST POPULAR

1: Luckin-Backer Centurium Capital to Buy Blue Bottle Coffee From Nestlé

2: Two Sessions: With 4.5%-5% Growth Target, China Aims to Create Space for Reform

3: China Business Uncovered Podcast: Brazil’s ‘Very Chinese Moment’

4: Cover Story: How China’s Growing Gig Economy Has Left a Generation Adrift

5: First Tanker Crosses Strait of Hormuz Since Iran’s Closure Threat