Hubei Zhenhua Chemical Co.,Ltd.’s Net Profit Dropped 10% in First Three Quarters of 2023

Hubei Zhenhua Chemical Co.,Ltd. (湖北振华化学股份有限公司) (603067.SH) reported a net profit of 290.3 million yuan in the first three quarters of 2023, down 10% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 6.8% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.