Nine Dragons Paper Reports Strong Interim Financial Results

Nine Dragons Paper Holdings ( (HK:2689) ) has issued an update.

Nine Dragons Paper Holdings Limited reported a significant improvement in its financial performance for the six months ended December 31, 2024. The company achieved a 14% increase in sales volume and a 9.3% rise in revenue, reaching approximately RMB33,464.6 million. Gross profit grew by 18.1%, while profit after tax surged by 124.9% to approximately RMB680.3 million. These results reflect the company’s strong operational efficiency and market positioning, benefiting stakeholders with increased earnings per share by 66.7%.

More about Nine Dragons Paper Holdings

Nine Dragons Paper Holdings Limited is a leading company in the paper manufacturing industry, primarily focused on producing a wide range of paper products. The company operates in the packaging paperboard sector, serving various market needs with its extensive product offerings.

YTD Price Performance: 17.22%

Average Trading Volume: 60,358

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $2.06B

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