Sichuan Meifeng Chemical Industry Co.,Ltd.’s Net Profit Dropped 48.3% in First Half of 2023

Sichuan Meifeng Chemical Industry Co.,Ltd. (四川美丰化工股份有限公司) (000731.SZ) reported a net profit of 260.4 million yuan in the first half of 2023, down 48.3% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 18.7% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 865.7 million yuan in total liabilities, with a liability-to-asset ratio of 16.2%.