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C&D Newin Paper & Pulp Reports Profit Turnaround in 2024

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C&D Newin Paper & Pulp Corporation Limited ( (HK:0731) ) has shared an announcement.

C&D Newin Paper & Pulp Corporation Limited announced its audited consolidated results for the year ended 31 December 2024, reporting a profit of HK$24.6 million compared to a loss of HK$128.8 million in the previous year. This turnaround is attributed to other gains and income, as well as the release of undeclared claims, despite a slight decrease in revenue and continued high costs of sales.

More about C&D Newin Paper & Pulp Corporation Limited

C&D Newin Paper & Pulp Corporation Limited is a company incorporated in Bermuda, operating within the paper and pulp industry. The company focuses on producing and distributing paper and pulp products, serving various market needs.

YTD Price Performance: -4.58%

Average Trading Volume: 367,859

Technical Sentiment Signal: Hold

Current Market Cap: HK$325.4M

Learn more about 0731 stock on TipRanks’ Stock Analysis page.

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