Lier Chemical Co.,Ltd.’s Net Profit Dropped 47.7% in First Half of 2023

Lier Chemical Co.,Ltd. (利尔化学股份有限公司) (002258.SZ) reported a net profit of 607.8 million yuan in the first half of 2023, down 47.7% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 13.6 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.