Jilin Chemical Fibre Co.,Ltd. Posted 48.7 Million Yuan Net Profit in First Half of 2023

Jilin Chemical Fibre Co.,Ltd. (吉林化纤股份有限公司) (000420.SZ) reported a net profit of 48.7 million yuan in the first half of 2023, reversing a net loss of 94 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 7.5% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.9%.