Yueyang Forest&Paper Co.,Ltd.’s Net Profit Rose 105.6% in 2022

Yueyang Forest&Paper Co.,Ltd. (岳阳林纸股份有限公司) (600963.SH) reported a net profit of 621.1 million yuan in 2022, up 105.6% year-on-year.

Meanwhile, the company posted 9.8 billion yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 16.6 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.