Slow printing packing list in Sage 300 2022

We are using Order entry screen to assign a shipment and print packing list. After upgrading from 2019 to 2022 time needed to print packing list more than doubled and now takes about 40 seconds for each packing list. No difference if it is print directly or printer preview. Hardware definitely not an issue since 8 users using  20 core server with 112GB of RAM.

Does anybody experiencing same printing issues in 2022? Any tips how to speed up?