Minfeng Special Paper Co.,Ltd.’s Net Profit Rose 68.5% in First Three Quarters of 2023

Minfeng Special Paper Co.,Ltd. (民丰特种纸股份有限公司) (600235.SH) reported a net profit of 27.3 million yuan in the first three quarters of 2023, up 68.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 2.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 894.3 million yuan in total liabilities, with a liability-to-asset ratio of 38.5%.