C&D Newin Paper & Pulp Corporation Limited's (HKG:731) Shares Climb 27% But Its Business Is Yet to Catch Up
C&d newin (00731): Xiang Ting has been appointed as an independent non-executive director.
C&D Newin (00731) announced in a statement that the board of directors declared that Lanzhang Hua will focus on his other business affairs and has resigned...
C&D Newin Paper & Pulp Announces Key Engineering Contract
C&d newin (00731.HK) entered into a contract with Yuantong Construction
On October 15, Grunhui announced that c&d newin (00731.HK), after the tendering process, on October 15, 2024, Yuetong Paper (the company's indirect wholly-owned subsidiary) entered into a Yuetong Engineering Contract with the general contractor (the bidder). Pursuant to this, Yuetong Paper appointed the general contractor to retrofit its existing steam turbine in accordance with the technical agreement requirements and responsible for engineering design, equipment and ancillary materials procurement, and installation. The consideration under the Yuetong Engineering Contract will be RMB 15,000,000. The company implements an energy saving development strategy, reducing energy costs through equipment upgrades and process optimization.
Express News | C&D Newin Paper & Pulp - Under Contract, Qingdao Shangneng Electric Power Engineering Co to Carry Out Engineering Design Work, Others, for Existing Turbine
Express News | C&D Newin Paper & Pulp - Unit Entered Uppsd Engineering Contract
How is the outlook for the papermaking peak season? Manufacturers are cautiously optimistic, with cost control still being the main theme|Industry News
1. The papermaking peak season has started, and many paper mills hold cautious optimism expectations; 2. The industry was flat in the first three quarters, and the cost advantages of leading paper enterprises are showing; 3. There are many factors causing differences in gross profit of paper enterprises, with inventory management being the core; 4. The pressure of rising paper prices in Q4 still exists, and paper enterprises still need to compete in cost control.
C&D NEWIN: Interim Report 2024
C&D Newin Shows Revenue Growth Amidst Losses
C&D Newin (00731) has released its interim performance results, with a net loss of 33.812 million Hong Kong dollars, a year-on-year decrease of 67.37%.
C&D Newin (00731) has released its interim performance for the six months ended June 30, 2024. The group has achieved revenue...
Express News | C&D Newin Paper & Pulp Corporation H1 Revenue HKD 664.6 Million
C&D NEWIN: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Orient Securities: In July, China's paper and paperboard production increased by 11.5% year-on-year, and culture paper and specialty paper prices may gradually stabilize.
The cumulative output of machinery paper and paperboard from January to July 2024 increased by 13.5% year-on-year, with a production volume of 13.17 million tons in July, a year-on-year increase of 11.5%.
C&D Newin Announces Crucial Upcoming Board Meeting
C&D Newin (00731.HK) is planning to hold a Board of Directors meeting on August 23 to approve the interim performance.
On August 13th, Gelunhui reported that c&d newin (00731.HK) will hold a meeting on August 23rd, 2024 (Friday) to consider and approve the unaudited interim results of the company and its subsidiaries for the six months ending June 30, 2024(v), including, and consider paying interim dividends (if any).
C&D Newin Foresees Major Loss Reduction
C&D Newin (00731.HK) is expected to decrease its mid-term losses.
C&D Newin (00731.HK) announced that the group expects its comprehensive net loss to decrease from approximately 103.6 million Hong Kong dollars in the same period last year to a net comprehensive net loss of approximately 30 to 40 million Hong Kong dollars for the six months ended June 30, 2024. The expected decrease in the net comprehensive loss for this period compared to the past is mainly due to (i) an increase in revenue and sales of paper products during this period, (ii) a decrease in overall production cost of the group during this period, leading to a decrease in unit production cost, and the gross loss from the past period turning into gross profit for this period, and (iii) other income increasing by approximately 20 for this period.
Express News | C&D Newin Paper & Pulp Corporation Sees Increase in Revenue for Six Months
Express News | C&D Newin Paper & Pulp Corp Sees Reduction in Its Consolidated Net Loss for Six Months HK$30 Mln to HK$40 Mln
C&D NEWIN: REDUCTION OF LOSS
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