Shanghai Baosteel Packaging Co,.Ltd.’s Net Profit Dropped 0.1% in First Three Quarters of 2022

Shanghai Baosteel Packaging Co,.Ltd. (上海宝钢包装股份有限公司) (601968.SH) reported a net profit of 221.9 million yuan in the first three quarters of 2022, down 0.1% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, up 25.4% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.2%.