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Nine Dragons Paper (Holdings) (HKG:2689) Adds HK$422m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 70%
Hong Kong stocks surged more than 5% after nd paper (02689) announced better-than-expected earnings. It is expected that the annual profit attributable to shareholders will be between approximately 0.7 billion yuan and 0.8 billion yuan, turning around fro
nd paper (02689) rose more than 5% after the profit joy, as of the deadline, up 5.57%, at 3.03 Hong Kong dollars, with a turnover of 3.2961 million Hong Kong dollars.
nd paper (02689.HK): Expected annual net profit of 0.7 billion yuan to 0.8 billion yuan
Nd Paper (02689.HK) announced that it is expected to record a profit attributable to equity holders of the company for the current year of approximately RMB 0.7 billion to RMB 0.8 billion for the fiscal year ending June 30, 2024, compared to a loss attributable to equity holders of the company of RMB 2.3834 billion for the fiscal year ending June 30, 2023. The increase in sales volume and gross margin is the main reason for the profit attributable to equity holders of the company.
Express News | Nine Dragons Paper - Expected Result Due to Increase in Sales Volume and an Increase of Gross Profit Margin
Express News | Nine Dragons Paper Sees Profit Attributable From RMB700 Mln to RMB800 Mln for Year
ND PAPER: Positive Profit Alert for the Year Ended 30 June 2024
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