Shandong Sun Paper Co.,Ltd.’s Net Profit Dropped 24.3% in First Half of 2023

Shandong Sun Paper Co.,Ltd. (山东太阳纸业股份有限公司) (002078.SZ) reported a net profit of 1.3 billion yuan in the first half of 2023, down 24.3% year-on-year.

Meanwhile, the company posted 19.3 billion yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 50.6 billion yuan in total assets and 25.7 billion yuan in total liabilities, with a liability-to-asset ratio of 50.8%.