Luxi Chemical Group Co.,Ltd.’s Net Profit Dropped 92.9% in First Half of 2023

Luxi Chemical Group Co.,Ltd. (鲁西化工集团股份有限公司) (000830.SZ) reported a net profit of 193.5 million yuan in the first half of 2023, down 92.9% year-on-year.

Meanwhile, the company posted 11.5 billion yuan in revenue, down 30.6% year-on-year.

At the end of the reporting period, it had 35.2 billion yuan in total assets and 18.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.