Shandong Bohui Paper Industrial Co.,Ltd.’s Net Profit Dropped 71.4% in First Half of 2022

Shandong Bohui Paper Industrial Co.,Ltd. (山东博汇纸业股份有限公司) (600966.SH) reported a net profit of 432.5 million yuan in the first half of 2022, down 71.4% year-on-year.

Meanwhile, the company posted 8.9 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 23.4 billion yuan in total assets and 16.5 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.