Tangshan Sanyou Chemical Industries Co.,Ltd.’s Net Profit Dropped 47.7% in First Three Quarters of 2023

Tangshan Sanyou Chemical Industries Co.,Ltd. (唐山三友化工股份有限公司) (600409.SH) reported a net profit of 630 million yuan in the first three quarters of 2023, down 47.7% year-on-year.

Meanwhile, the company posted 16.4 billion yuan in revenue, down 9.4% year-on-year.

At the end of the reporting period, it had 26.6 billion yuan in total assets and 11.9 billion yuan in total liabilities, with a liability-to-asset ratio of 44.9%.