Shandong Xinjufeng Technology Packaging Co. Ltd. Class ASZSE: 301296

Shandong Xinjufeng Technology Packaging Co: Revenue up 63.71% but net profit down 45.47% amid higher costs and acquisition impacts

· Issued by Shandong Xinjufeng Technology Packaging Co. Ltd. Class A

Revenue surged 63.71% year-over-year to ¥2.04 billion, driven by acquisitions, but net profit fell 45.47% due to higher costs and one-off items. Asset and liability balances rose sharply, and ongoing litigation and increased leverage pose risks.

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