Shandong Sun Paper Co.,Ltd.’s Net Profit Dropped 5.4% in First Three Quarters of 2023

Shandong Sun Paper Co.,Ltd. (山东太阳纸业股份有限公司) (002078.SZ) reported a net profit of 2.1 billion yuan in the first three quarters of 2023, down 5.4% year-on-year.

Meanwhile, the company posted 29.2 billion yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 51.1 billion yuan in total assets and 25.8 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.