Sichuan Meifeng Chemical Industry Co.,Ltd.’s Net Profit Dropped 45.4% in First Three Quarters of 2023

Sichuan Meifeng Chemical Industry Co.,Ltd. (四川美丰化工股份有限公司) (000731.SZ) reported a net profit of 332 million yuan in the first three quarters of 2023, down 45.4% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, down 13.3% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 18%.