Jilin Chemical Fibre Co.,Ltd. Posted 54.5 Million Yuan Net Profit in First Three Quarters of 2023

Jilin Chemical Fibre Co.,Ltd. (吉林化纤股份有限公司) (000420.SZ) reported a net profit of 54.5 million yuan in the first three quarters of 2023, reversing a net loss of 83.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 10.9 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.