Xiamen Hexing Packaging Printing Co.,Ltd.’s Net Profit Dropped 45% in First Half of 2022

Xiamen Hexing Packaging Printing Co.,Ltd. (厦门合兴包装印刷股份有限公司) (002228.SZ) reported a net profit of 93.2 million yuan in the first half of 2022, down 45% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, down 1.1% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.