Xiamen Hexing Packaging Printing Co.,Ltd.’s Net Profit Dropped 15.6% in First Three Quarters 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 103.4 million yuan in the first three quarters of 2023, down 15.6% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, down 20.3% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 57.7%.