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Minsheng Securities: It is difficult for pulp prices to fall and the volatility is increasing, and profit improvement is expected.
On the one hand, the pulp production capacity of the above-mentioned companies is relatively low, while on the other hand, paper prices have strong resilience, and profit improvement can be expected.
C&D NEWIN: Annual Report 2023
Zhongtai Securities: Pulp price inflection point at the end of Q2 or paper companies currently focusing on good price and cost control capabilities
According to a research report released by Zhongtai Securities, the core driver of this round of pulp growth is European demand restoration+low inventories+capacity maintenance.
C&D Xinsheng (00731) announced its 2023 annual results with a net loss of HK$129 million
According to the Zhitong Finance App, C&D Xinsheng (00731) announced results for the year ended December 31, 2023, with revenue of HK$1,372 million; net loss of HK$129 million; and basic loss of HK9.1 cents per share. This year's gross loss was approximately HK$2010 million, mainly due to a drop in the average unit price of the Group's main paper products against the backdrop of the overall domestic macroeconomic downturn and slow consumer market recovery (nine months ended 31 December 2022: gross loss of approximately HK$54.8 million).
C&D NEWIN: FINAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
C&D Xinsheng (00731.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui, March 18, 丨 C&D Xinsheng (00731.HK) announced that the company will hold a board meeting on March 28, 2024 to adopt the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the proposed payment of a final dividend (if any).
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