Zhejiang Jingxing Paper Joint Stock Co.,Ltd.’s Net Profit Dropped 33.1% in First Quarter of 2022

Zhejiang Jingxing Paper Joint Stock Co.,Ltd. (浙江景兴纸业股份有限公司) (002067.SZ) reported a net profit of 84 million yuan in the first quarter of 2022, down 33.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 12% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 28.1%.