Shanghai Chlor-Alkali Chemical Co.,Ltd.’s Net Profit Dropped 62.1% in First Half of 2023

Shanghai Chlor-Alkali Chemical Co.,Ltd. (上海氯碱化工股份有限公司) (600618.SH) reported a net profit of 333.4 million yuan in the first half of 2023, down 62.1% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 31.3%.