Shandong Chenming Paper Holdings Co., Ltd. Class H ( (HK:1812) ) just unveiled an update.
Shandong Chenming Paper Holdings Limited has released its 2024 Annual Report Summary, highlighting a qualified opinion issued by Grant Thornton due to unspecified matters, as explained by the company’s Board and Supervisory Committee. Despite this, the company has decided not to distribute cash dividends or issue bonus shares for the reporting period. The machine-made paper business remains the primary revenue and profit source, with no significant changes in operations reported.
More about Shandong Chenming Paper Holdings Co., Ltd. Class H
Shandong Chenming Paper Holdings Limited is a major conglomerate in the paper industry, primarily engaged in pulp production and paper making. The company implements a pulp and paper integration strategy and operates production bases across various regions in China, including Shandong, Guangdong, Hubei, Jiangxi, and Jilin. It offers a wide range of over 200 machine-made paper products in seven series, such as culture paper, coated paper, white cardboard, copy paper, industrial paper, special paper, and household paper. Chenming Paper is recognized for having the most diverse and complete product range in the domestic paper industry and is the first in China to balance pulp production with paper making capacity.
YTD Price Performance: -53.74%
Average Trading Volume: 1,266
Technical Sentiment Signal: Buy
Current Market Cap: €473.9M
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