Lier Chemical Co.,Ltd.’s Net Profit Dropped 57.7% in First Three Quarters of 2023

Lier Chemical Co.,Ltd. (利尔化学股份有限公司) (002258.SZ) reported a net profit of 707.6 million yuan in the first three quarters of 2023, down 57.7% year-on-year.

Meanwhile, the company posted 6 billion yuan in revenue, down 22.4% year-on-year.

At the end of the reporting period, it had 14 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38%.