Minfeng Special Paper Co.,Ltd.’s Net Profit Rose 1.8% in First Quarter of 2022

Minfeng Special Paper Co.,Ltd. (民丰特种纸股份有限公司) (600235.SH) reported a net profit of 15.8 million yuan in the first quarter of 2022, up 1.8% year-on-year.

Meanwhile, the company posted 386.9 million yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 743.6 million yuan in total liabilities, with a liability-to-asset ratio of 34.5%.