Shandong Xinjufeng Technology Packaging Co: Net profit plunged 75% in Q1 2025 as a major acquisition drove up assets and liabilities

About this update from Shandong Xinjufeng Technology Packaging Co. Ltd. Class A

Q1 2025 saw revenue fall 18% and net profit drop 75% year-over-year, mainly due to acquisition costs and higher financial expenses. The company completed a major acquisition of Fuwei Packaging, significantly increasing assets and leverage.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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