Hubei Yihua Chemical Industry Co.,Ltd.’s Net Profit Dropped 76.4% in First Three Quarters of 2023

Hubei Yihua Chemical Industry Co.,Ltd. (湖北宜化化工股份有限公司) (000422.SZ) reported a net profit of 623.2 million yuan in the first three quarters of 2023, down 76.4% year-on-year.

Meanwhile, the company posted 13.7 billion yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 21.4 billion yuan in total assets and 12.8 billion yuan in total liabilities, with a liability-to-asset ratio of 59.9%.