Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd.’s Net Profit Rose 64.4% in First Three Quarters of 2023

Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd. (浙江荣晟环保纸业股份有限公司) (603165.SH) reported a net profit of 222 million yuan in the first three quarters of 2023, up 64.4% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 13.2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.