Wanhua Chemical Group Co.,Ltd.’s Net Profit Dropped 14.3% in First Half of 2023

Wanhua Chemical Group Co.,Ltd. (万华化学集团股份有限公司) (600309.SH) reported a net profit of 9.3 billion yuan in the first half of 2023, down 14.3% year-on-year.

Meanwhile, the company posted 87.6 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 245.2 billion yuan in total assets and 158.6 billion yuan in total liabilities, with a liability-to-asset ratio of 64.7%.