Shanxi Tond Chemical Co.,Ltd.’s Net Profit Rose 5.4% in First Three Quarters of 2023

Shanxi Tond Chemical Co.,Ltd. (山西同德化工股份有限公司) (002360.SZ) reported a net profit of 152.2 million yuan in the first three quarters of 2023, up 5.4% year-on-year.

Meanwhile, the company posted 731.9 million yuan in revenue, down 9.9% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.