Xiamen Hexing Packaging Printing Co.,Ltd.’s Net Profit Dropped 26.2% in First Half of 2023

Xiamen Hexing Packaging Printing Co.,Ltd. (厦门合兴包装印刷股份有限公司) (002228.SZ) reported a net profit of 68.8 million yuan in the first half of 2023, down 26.2% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, down 23.2% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 56.6%.