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Nine Dragons Paper Holdings ( (HK:2689) ) just unveiled an update.
Nine Dragons Paper has issued a positive profit alert for the six months ended 31 December 2025, indicating that group profit is expected to surge to between RMB2.15 billion and RMB2.25 billion, up 216% to 230.7% from a year earlier, driven by higher sales volumes, improved selling prices and lower raw material costs that significantly boosted gross margins. After accounting for RMB201 million of profit attributable to holders of USD400 million perpetual capital securities issued in June 2024, profit attributable to equity holders is projected to rise even more sharply, to between RMB1.95 billion and RMB2.05 billion, representing growth of 315.2% to 336.5% year on year, underscoring a strong earnings rebound that may influence investor sentiment ahead of the company’s unaudited interim results due by the end of February 2026.
The most recent analyst rating on (HK:2689) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on Nine Dragons Paper Holdings stock, see the HK:2689 Stock Forecast page.
More about Nine Dragons Paper Holdings
Nine Dragons Paper (Holdings) Limited is a Bermuda-incorporated company listed in Hong Kong and operates as a major paper manufacturer, focusing on producing paper products whose performance is closely tied to sales volumes, selling prices and raw material costs in the broader paper and packaging market.
Average Trading Volume: 11,508,645
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.78B
Find detailed analytics on 2689 stock on TipRanks’ Stock Analysis page.