Xiamen Hexing Packaging Printing Co.,Ltd.’s Net Profit Dropped 43.8% in First Three Quarters of 2022

Xiamen Hexing Packaging Printing Co.,Ltd. (厦门合兴包装印刷股份有限公司) (002228.SZ) reported a net profit of 122.5 million yuan in the first three quarters of 2022, down 43.8% year-on-year.

Meanwhile, the company posted 11.8 billion yuan in revenue, down 7.1% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.