Sichuan Lutianhua Co.,Ltd.’s Net Profit Dropped 56.5% in First Half of 2023

Sichuan Lutianhua Co.,Ltd. (四川泸天化股份有限公司) (000912.SZ) reported a net profit of 150 million yuan in the first half of 2023, down 56.5% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.