Zhejiang Wanfeng Chemical Co.,Ltd.’s Net Profit Dropped 36.4% in First Three Quarters of 2023

Zhejiang Wanfeng Chemical Co.,Ltd. (浙江万丰化工股份有限公司) (603172.SH) reported a net profit of 33.4 million yuan in the first three quarters of 2023, down 36.4% year-on-year.

Meanwhile, the company posted 383.6 million yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 345.2 million yuan in total liabilities, with a liability-to-asset ratio of 25.1%.