Shandong Sun Paper Co.,Ltd.’s Net Profit Dropped 25.8% in First Half of 2022

Shandong Sun Paper Co.,Ltd. (山东太阳纸业股份有限公司) (002078.SZ) reported a net profit of 1.7 billion yuan in the first half of 2022, down 25.8% year-on-year.

Meanwhile, the company posted 19.9 billion yuan in revenue, up 25.6% year-on-year.

At the end of the reporting period, it had 46.2 billion yuan in total assets and 25.2 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.