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China Sunshine Paper Holdings Co. Ltd. ( (HK:2002) ) has provided an announcement.
China Sunshine Paper Holdings Co. Ltd. has issued a profit warning, indicating a significant decrease in profits for the first half of 2025, with expected declines ranging from 55% to 65% compared to the same period in 2024. This downturn is attributed to several factors, including a decrease in paper product sales prices, reduced government subsidies due to lower value-added tax, challenges in the PRC real estate market affecting its subsidiary Sunshine Oji, and fair value losses on financial assets. Despite these challenges, the company maintains that its overall financial health remains stable and expresses optimism about its long-term growth prospects.
More about China Sunshine Paper Holdings Co. Ltd.
China Sunshine Paper Holdings Co. Ltd. operates in the paper manufacturing industry, focusing on the production and sale of paper products. The company is involved in the production of a variety of paper products and has a market focus that includes both domestic and international stakeholders.
Average Trading Volume: 146,382
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.15B
See more insights into 2002 stock on TipRanks’ Stock Analysis page.