Xiamen Hexing Packaging Printing Co.,Ltd.’s Net Profit Dropped 52.6% in 2022

Xiamen Hexing Packaging Printing Co.,Ltd. (厦门合兴包装印刷股份有限公司) (002228.SZ) reported a net profit of 109.6 million yuan in 2022, down 52.6% year-on-year.

Meanwhile, the company posted 15.4 billion yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.