民丰特纸：上半年净利润1507.37万元 同比下降68.88%

Core Viewpoint - Minfeng Special Paper (600235) reported a significant decline in both revenue and net profit for the first half of 2025, indicating operational challenges and reduced production capacity [1] Financial Performance - The company's revenue for the first half of 2025 was 601 million yuan, representing a year-on-year decrease of 23.21% [1] - The net profit attributable to shareholders was 15.0737 million yuan, down 68.88% compared to the previous year [1] Production Capacity - The PM20 and PM22 paper machines were taken offline in May and August 2024, respectively, leading to a complete halt in production during the reporting period [1] - Prior to their shutdown, these machines were operating normally in the first half of 2024, contributing to the overall production volume [1]