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Zhengye International Holdings Co., Ltd. ( (HK:3363) ) just unveiled an update.
Zhengye International Holdings Co., Ltd. has issued a profit warning, anticipating a significant decline in profit for the first half of 2025 compared to the same period in 2024. The decrease is attributed to challenges such as uncertain trading policies, weak domestic consumption, and intensified competition due to overcapacity in the industry. Despite a 10% increase in sales volume for its paper manufacturing segment, the company faced a drop in unit selling prices and an increase in raw material costs, leading to a reduced gross profit margin. The company has responded by optimizing management and controlling costs, resulting in a slight decline in expenditures.
More about Zhengye International Holdings Co., Ltd.
Zhengye International Holdings Co., Ltd. operates in the paper and paper-based packaging industry. The company focuses on manufacturing paper products and packaging solutions, with a market presence that is influenced by domestic consumption trends and trading policies.
Average Trading Volume: 22,307
Technical Sentiment Signal: Buy
Current Market Cap: HK$235M
See more data about 3363 stock on TipRanks’ Stock Analysis page.