Huafon's Q3 net profit drops YOY
Huafon Chemical released its three-quarter report in 2022, with operating income of 19.941 billion yuan in the first three quarters, down 5.11% from the same period last year; the net profit was at 2.416 billion yuan, down 60.57% on the year; and the net profit after deducting non-recurring profit or loss was at 2.34 billion yuan, down 61.51% year on year.
Of this total, Q3 achieved operating income of 6.103 billion yuan in a single quarter, down 24.84% on annual basis and 6.75% on the quarter respectively; the net profit attributable to parent company was 21.2336 million yuan, down 99.07% from the same period last year and 97.94% on the quarter; and the net profit after deducting non-recurring profit or loss was at 1.0185 million yuan, down 99.95% on the year and 99.90% quarter on quarter respectively.
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