Mudanjiang Hengfeng Paper Co.,Ltd.’s Net Profit Rose 25.8% in 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 135.5 million yuan in 2022, up 25.8% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 21.5% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 588.8 million yuan in total liabilities, with a liability-to-asset ratio of 19.2%.