Hengyi's Q3 net profit slump by near 160% YOY

Hengyi Petrochemical disclosed that its revenue in the third quarter of 2022 was 43.512 billion yuan, up 20.77% from the same period last year, while the net profit losses attributed to the parent company was 496 million yuan, down 159.91% year on year. The revenue in the first three quarters was 123.316 billion yuan, up 26.93% on annual basis, while the net profit attributed to the parent company was 1.317 billion yuan, down 56.66% over the same period of last year.