Shanghai M&G Stationery Inc.’s Net Profit Dropped 11.6% in 2022

Shanghai M&G Stationery Inc. (上海晨光文具股份有限公司) (603899.SH) reported a net profit of 1.4 billion yuan in 2022, down 11.6% year-on-year.

Meanwhile, the company posted 20 billion yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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