Chenming Paper (000488.SZ) released its 2024 interim report, reporting a revenue of ... during the reporting period.
Chenming Paper (000488.SZ) released its 2024 interim report, reporting a revenue of 13.885 billion yuan, a year-on-year increase of 10.50%. The net profit attributable to shareholders of the listed company was 28.6462 million yuan, a year-on-year turnaround. The net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.271 billion yuan, and the basic earnings per share was 0.01 yuan / share.
During the reporting period, the company actively optimized its product structure, adopted flexible sales strategies, and improved asset management efficiency. With the industry prosperity bottoming out and rebounding, the company's performance has entered a recovery period, and the company's profits have improved quarter by quarter. Currently, the company has production bases in Shandong, Guangdong, Hubei, Jiangxi, Jilin, etc., with an annual pulp and paper production capacity of 11 million tons, and it is the first papermaking enterprise in China to achieve a balance between pulp and paper production capacity. Next, the company will further implement the "pulp-paper integration strategy", improve resource allocation efficiency, strengthen cost management, optimize product structure, consolidate and expand sales markets, and strive to improve corporate management and operational quality.