Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd.’s Net Profit Dropped 22.9% in First Half of 2022

Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd. (浙江荣晟环保纸业股份有限公司) (603165.SH) reported a net profit of 107.2 million yuan in the first half of 2022, down 22.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 22.8% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 581.5 million yuan in total liabilities, with a liability-to-asset ratio of 22.2%.