Hubei Yihua Chemical Industry Co.,Ltd.’s Net Profit Dropped 82.2% in First Half of 2023

Hubei Yihua Chemical Industry Co.,Ltd. (湖北宜化化工股份有限公司) (000422.SZ) reported a net profit of 362.8 million yuan in the first half of 2023, down 82.2% year-on-year.

Meanwhile, the company posted 9.1 billion yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 19.6 billion yuan in total assets and 12.8 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.