Yangzhou Chenhua New Material Co.,Ltd.’s Net Profit Dropped 75.6% in First Half of 2023

Yangzhou Chenhua New Material Co.,Ltd. (扬州晨化新材料股份有限公司) (300610.SZ) reported a net profit of 21.7 million yuan in the first half of 2023, down 75.6% year-on-year.

Meanwhile, the company posted 464 million yuan in revenue, down 22.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 319.8 million yuan in total liabilities, with a liability-to-asset ratio of 22.7%.