C&S Paper Co.,Ltd.’s Net Profit Dropped 63.1% in First Half of 2023

C&S Paper Co.,Ltd. (中顺洁柔纸业股份有限公司) (002511.SZ) reported a net profit of 84 million yuan in the first half of 2023, down 63.1% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.4%.