Rongsheng's net profit down by 97.64% YOY in Q3, 2022

Rongsheng Petrochemical (002493) announced that the company achieved operating income of 77.491 billion yuan in the third quarter of 2022, an increase of 72.43% over the same period last year, and the net profit was at 83.999 million yuan, down 97.64% on the year. The net profit in the first three quarters was 5.451 billion yuan, down 46.15% on annual basis.