Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd.’s Net Profit Dropped 24.6% in First Three Quarters of 2022

Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd. (浙江荣晟环保纸业股份有限公司) (603165.SH) reported a net profit of 135.1 million yuan in the first three quarters of 2022, down 24.6% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 16.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 481.4 million yuan in total liabilities, with a liability-to-asset ratio of 19.7%.