Yueyang Forest&Paper Co.,Ltd.’s Net Profit Dropped 3.4% in First Half of 2022

Yueyang Forest&Paper Co.,Ltd. (岳阳林纸股份有限公司) (600963.SH) reported a net profit of 302.1 million yuan in the first half of 2022, down 3.4% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 1.1% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.