On the evening of October 23rd, ZRP Printing Group Co., Ltd. (referred to as ZRP Printing), a packaging supplier for companies like Procter & Gamble and L’Oréal, released its financial report for the third quarter.
According to the report, ZRP Printing achieved approximately 1.837 billion yuan (251.4 million) in revenue for the first three quarters of 2023, representing a 2.2% increase compared to the same period last year. The net profit attributable to shareholders of the listed company was approximately 157 million yuan ($21.45 million), indicating a 1.17% increase. However, the basic earnings per share decreased by 24.3%. Looking at the data for the third quarter alone, the total operating income was 670 million yuan ($91.7 million), a 1.06% year-on-year increase, and the net profit attributable to shareholders reached 58.75 million yuan ($8 million), a 4.14% increase.
Public information reveals that ZRP Printing is a paper-based printing and packaging company specializing in the fields of cosmetics, oral care, personal and household care, food, health products, medicine, online education, and more. Its clients include Procter & Gamble, Colgate-Palmolive, Darlie Chemical, L’Oréal, and others. In the first half of 2023, the company added new clients such as BTN, NetEase Youdao etc.