Zhejiang Zhongcheng Packing Material Co.,Ltd.’s Net Profit Dropped 48.5% in First Half of 2023

Zhejiang Zhongcheng Packing Material Co.,Ltd. (浙江众成包装材料股份有限公司) (002522.SZ) reported a net profit of 44 million yuan in the first half of 2023, down 48.5% year-on-year.

Meanwhile, the company posted 842.1 million yuan in revenue, down 7.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 37.1%.