Luxi Chemical Group Co.,Ltd.’s Net Profit Dropped 83.8% in First Three Quarters of 2023

Luxi Chemical Group Co.,Ltd. (鲁西化工集团股份有限公司) (000830.SZ) reported a net profit of 506 million yuan in the first three quarters of 2023, down 83.8% year-on-year.

Meanwhile, the company posted 17.9 billion yuan in revenue, down 23.7% year-on-year.

At the end of the reporting period, it had 35.4 billion yuan in total assets and 18.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.8%.