Forest Packaging (605500.SH) announced its semi-annual report for 2024, achieving a revenue of 1.117 billion yuan, a year-on-year growth of 4.51%. The net income attributable to shareholders of the listed company was 79.7813 million yuan, an increase of 75.94% year-on-year. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 80.7519 million yuan, an increase of 85.95% year-on-year. The basic earnings per share was 0.19 yuan.
During the reporting period, the company achieved a net income attributable to shareholders of the listed company of 79.7813 million yuan and a net income attributable to shareholders of the listed company after deducting non-recurring gains and losses of 80.7519 million yuan, an increase of 75.94% and 85.95% respectively compared to the same period last year. This is mainly due to the relatively stable product sales price and material purchase price during the reporting period, and the return to normal operating conditions, resulting in a year-on-year increase in gross margin. In addition, the low performance base in the same period of the previous year also contributed to the growth.
