Shanghai Chlor-Alkali Chemical Co.,Ltd.’s Net Profit Dropped 54.3% in First Three Quarters of 2023

Shanghai Chlor-Alkali Chemical Co.,Ltd. (上海氯碱化工股份有限公司) (600618.SH) reported a net profit of 515.7 million yuan in the first three quarters of 2023, down 54.3% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 30.9%.