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

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%.