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Chloroalkali Chemical¡äs Net Profit in 2023 Decreased by 44.51% Year on Year

2024-4-16

On April 15th, Chloralkali Chemical (600618) recently released its annual report for 2023. During the reporting period, the company achieved a revenue of 7,213,870,584.98 yuan, a year-on-year increase of 13.35%; The net profit attributable to shareholders of the listed company was 760,513,590.88 yuan, a year-on-year decrease of 44.51%.

The net cash flow generated from operating activities during the period was 638,617,626.93 yuan, and the net assets attributable to the shareholders of the listed company were 8,128,830,209.75 yuan.

As the company was affected by the industry market, the falling prices of its leading products resulted in a significant decrease in the company¡äs net profit attributable to the parent company, net profit after deducting non-recurring gains and losses, net cash flow from operating activities, and basic earnings per share compared to the same period last year.

Chloroalkali Chemical mainly manufactures and sells caustic soda, chlorine and chlorine products, as well as polyvinyl chloride plastic resins and products, specifically producing 1.02 million tons of caustic soda, 720,000 tons of dichloroethane, 600,000 tons of liquid chlorine, 200,000 tons of vinyl chloride, and 480,000 tons of polyvinyl chloride per year.