Minfeng Special Paper Co.,Ltd.’s Net Profit Dropped 22.6% in First Half of 2023

Minfeng Special Paper Co.,Ltd. (民丰特种纸股份有限公司) (600235.SH) reported a net profit of 15.5 million yuan in the first half of 2023, down 22.6% year-on-year.

Meanwhile, the company posted 787.1 million yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 917.8 million yuan in total liabilities, with a liability-to-asset ratio of 39.3%.