Zhejiang Jingxing Paper Joint Stock Co.,Ltd.’s Net Profit Dropped 87.7% in First Quarter of 2023

Zhejiang Jingxing Paper Joint Stock Co.,Ltd. (浙江景兴纸业股份有限公司) (002067.SZ) reported a net profit of 10.3 million yuan in the first quarter of 2023, down 87.7% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 32.8%.