Zibo Qixiangtengda Chemical Co.,Ltd.’s Net Profit Dropped 84.3% in First Three Quarters of 2023

Zibo Qixiangtengda Chemical Co.,Ltd. (淄博齐翔腾达化工股份有限公司) (002408.SZ) reported a net profit of 163.2 million yuan in the first three quarters of 2023, down 84.3% year-on-year.

Meanwhile, the company posted 20.2 billion yuan in revenue, down 13.1% year-on-year.

At the end of the reporting period, it had 28 billion yuan in total assets and 14.1 billion yuan in total liabilities, with a liability-to-asset ratio of 50.6%.