Minfeng Special Paper Co.,Ltd.’s Net Profit Dropped 36.5% in First Half of 2022

Minfeng Special Paper Co.,Ltd. (民丰特种纸股份有限公司) (600235.SH) reported a net profit of 20.1 million yuan in the first half of 2022, down 36.5% year-on-year.

Meanwhile, the company posted 753.2 million yuan in revenue, up 2.9% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 808.1 million yuan in total liabilities, with a liability-to-asset ratio of 36.4%.