Shandong Rike Chemical Co.,Ltd.’s Net Profit Dropped 55.3% in First Half of 2023

Shandong Rike Chemical Co.,Ltd. (山东日科化学股份有限公司) (300214.SZ) reported a net profit of 58.2 million yuan in the first half of 2023, down 55.3% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 16.1% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 821.1 million yuan in total liabilities, with a liability-to-asset ratio of 24.3%.