Yibin Paper Industry Co.,Ltd.’s Net Profit Dropped 42.1% in First Half of 2022

Yibin Paper Industry Co.,Ltd. (宜宾纸业股份有限公司) (600793.SH) reported a net profit of 13.2 million yuan in the first half of 2022, down 42.1% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 13.5% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 78%.