Mudanjiang Hengfeng Paper Co.,Ltd.’s Net Profit Dropped 13.3% in First Three Quarters of 2022

Mudanjiang Hengfeng Paper Co.,Ltd. (牡丹江恒丰纸业股份有限公司) (600356.SH) reported a net profit of 98.1 million yuan in the first three quarters of 2022, down 13.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 666.6 million yuan in total liabilities, with a liability-to-asset ratio of 21.5%.