Shaanxi Beiyuan Chemical Industry Group Co.,Ltd.’s Net Profit Dropped 68.8% in First Three Quarters of 2023

Shaanxi Beiyuan Chemical Industry Group Co.,Ltd. (陕西北元化工集团股份有限公司) (601568.SH) reported a net profit of 430.2 million yuan in the first three quarters of 2023, down 68.8% year-on-year.

Meanwhile, the company posted 8.4 billion yuan in revenue, down 16.1% year-on-year.

At the end of the reporting period, it had 15.9 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 17.8%.