Zhejiang Rongsheng Environmental Protection Paper Co.,Ltd.’s Net Profit Rose 61% in 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 270.7 million yuan in 2023, up 61% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.4%.