Yibin Paper Industry Co.,Ltd.’s Net Profit Rose 51.1% in First Quarter of 2023

Yibin Paper Industry Co.,Ltd. (宜宾纸业股份有限公司) (600793.SH) reported a net profit of 6.4 million yuan in the first quarter of 2023, up 51.1% year-on-year.

Meanwhile, the company posted 606.8 million yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 75.4%.