Shandong Bohui Paper Industrial Co.,Ltd. Posted 497 Million Yuan Net Loss in First Quarter of 2023

Shandong Bohui Paper Industrial Co.,Ltd. (山东博汇纸业股份有限公司) (600966.SH) reported a net loss of 497 million yuan in the first quarter of 2023, reversing a net profit of 180.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 23.4 billion yuan in total assets and 17.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.3%.