Mudanjiang Hengfeng Paper Co.,Ltd.’s Net Profit Dropped 4.5% in First Three Quarters of 2023

Mudanjiang Hengfeng Paper Co.,Ltd. (牡丹江恒丰纸业股份有限公司) (600356.SH) reported a net profit of 93.8 million yuan in the first three quarters of 2023, down 4.5% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 599.8 million yuan in total liabilities, with a liability-to-asset ratio of 19.2%.