Zhejiang Sanmei Chemical Industry Co.,Ltd.’s Net Profit Dropped 48.4% in First Three Quarters of 2023

Zhejiang Sanmei Chemical Industry Co.,Ltd. (浙江三美化工股份有限公司) (603379.SH) reported a net profit of 238 million yuan in the first three quarters of 2023, down 48.4% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 30.8% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 718.5 million yuan in total liabilities, with a liability-to-asset ratio of 10.9%.