Shandong Lubei Chemical Co.,Ltd.’s Net Profit Dropped 35.2% in First Three Quarters of 2023

Shandong Lubei Chemical Co.,Ltd. (山东鲁北化工股份有限公司) (600727.SH) reported a net profit of 78.1 million yuan in the first three quarters of 2023, down 35.2% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 8.3% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.4%.