C&S Paper Co.,Ltd.’s Net Profit Dropped 44.1% in First Half of 2022

C&S Paper Co.,Ltd. (中顺洁柔纸业股份有限公司) (002511.SZ) reported a net profit of 227.5 million yuan in the first half of 2022, down 44.1% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 35.8%.