Shandong Rike Chemical Co.,Ltd.’s Net Profit Dropped 48.8% in First Three Quarters 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 82.1 million yuan in the first three quarters of 2023, down 48.8% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.4%.