Xinyaqiang Silicon Chemistry Co.,Ltd.’s Net Profit Dropped 46.7% in First Half of 2023

Xinyaqiang Silicon Chemistry Co.,Ltd. (新亚强硅化学股份有限公司) (603155.SH) reported a net profit of 101.9 million yuan in the first half of 2023, down 46.7% year-on-year.

Meanwhile, the company posted 392.2 million yuan in revenue, down 41.1% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 303.5 million yuan in total liabilities, with a liability-to-asset ratio of 11.9%.