Huarong Chemical Co.,Ltd.’s Net Profit Dropped 27.5% in 2024

Huarong Chemical Co.,Ltd. (华融化学股份有限公司) (301256.SZ) reported a net profit of 100.5 million yuan in 2024, down 27.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 13.9% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 640.2 million yuan in total liabilities, with a liability-to-asset ratio of 27%.