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Iws (00923) fell 45.20%, now trading at 0.017 yuan, hitting a new 52-week low.
As of 10:38, the eco-friendly concept group (00923) has dropped 45.20% from the previous closing price, now trading at 0.017 yuan, hitting a 52-week low; with a volume of 0.004 million shares and a turnover of 0.0001 million Hong Kong dollars.
Shareholders May Be Wary Of Increasing Integrated Waste Solutions Group Holdings Limited's (HKG:923) CEO Compensation Package
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%.
IWS: Annual Report 2024
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.
The annual equity shareholder's loss of IWS (00923.HK) has increased by 62.6% to 64.7 million Hong Kong dollars.
On June 26, GlobeNewswire reported that IWS (00923.HK) announced that for the fiscal year ending March 31, 2024, the company's revenue increased by 0.9% to HKD 42,700,000; gross margin increased from 59.0% to 59.4%; equity shareholders' loss increased by 62.6% to HKD 64,700,000; and the basic loss per share was 1.3 Hong Kong cents (compared to 0.8 Hong Kong cents in fiscal year 2023).
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