Fujian Qingshan Paper Industry Co.,Ltd.’s Net Profit Dropped 46.4% in First Three Quarters of 2023

Fujian Qingshan Paper Industry Co.,Ltd. (福建省青山纸业股份有限公司) (600103.SH) reported a net profit of 102.5 million yuan in the first three quarters of 2023, down 46.4% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 16.6% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 28.6%.