Fujian Qingshan Paper Industry Co.,Ltd.’s Net Profit Rose 5.2% in First Quarter of 2022

Fujian Qingshan Paper Industry Co.,Ltd. (福建省青山纸业股份有限公司) (600103.SH) reported a net profit of 69.3 million yuan in the first quarter of 2022, up 5.2% year-on-year.

Meanwhile, the company posted 780.7 million yuan in revenue, up 12.8% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 28.9%.