Wanhua Chemical Group Co.,Ltd.’s Net Profit Dropped 2.7% in First Three Quarters of 2023

Wanhua Chemical Group Co.,Ltd. (万华化学集团股份有限公司) (600309.SH) reported a net profit of 13.9 billion yuan in the first three quarters of 2023, down 2.7% year-on-year.

Meanwhile, the company posted 132.6 billion yuan in revenue, up 1.6% year-on-year.

At the end of the reporting period, it had 256.1 billion yuan in total assets and 166.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65%.