The performance of c&d newin (00731.HK) narrowed its interim loss to 33.81 million yuan.
C&D Newin (00731.HK) announced its interim performance for the six months ended in June, with earnings reaching 0.665 billion yuan, an increase of 12% year-on-year. Losses narrowed from 0.104 billion yuan in the same period last year to 33.81 million yuan, with a loss per share of 2.4 cents. No interim dividend will be paid.
C&D Newin Shows Revenue Growth Amidst Losses
C&D Newin (00731) released its interim performance, with a net loss of HKD 33.812 million, narrowing by 67.37% year-on-year.
C&d newin (00731) has released its interim performance for the six months ended 30 June 2024, and the group has achieved profits...
C&D NEWIN: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Orient Securities: In July, China's paper and paperboard production increased by 11.5% year-on-year, and culture paper and specialty paper prices may gradually stabilize.
The cumulative output of machinery paper and paperboard from January to July 2024 increased by 13.5% year-on-year, with a production volume of 13.17 million tons in July, a year-on-year increase of 11.5%.
C&D Newin Announces Crucial Upcoming Board Meeting
C&D Newin (00731.HK) is planning to hold a Board of Directors meeting on August 23 to approve the interim performance.
On August 13th, Gelunhui reported that c&d newin (00731.HK) will hold a meeting on August 23rd, 2024 (Friday) to consider and approve the unaudited interim results of the company and its subsidiaries for the six months ending June 30, 2024(v), including, and consider paying interim dividends (if any).
Newin (00731.HK), featured in <Winning the Alert>, increased its revenue and reduced its mid-term losses to a maximum of 40 million yuan.
C&d newin (00731.HK) issued a profit warning, with an expected loss of between 30 million and 40 million yuan from January to June, compared to a profit of 0.104 billion yuan in the same period last year. The decrease in losses was mainly due to an increase in income during this period; a decrease in overall production costs; and an increase in other income of about 20.3 million yuan.
C&D Newin Foresees Major Loss Reduction
C&D Newin (00731.HK) is expected to decrease its mid-term losses.
On August 9th, Glory Times reported that C&D Newin (00731.HK) announced that it expects its comprehensive net loss to decrease from approximately 10.36 million Hong Kong dollars in the same period last year to a comprehensive net loss of approximately 30 million to 40 million Hong Kong dollars for the six months ending June 30, 2024. The expected decrease in comprehensive net loss in this period is mainly due to (i) increased revenue and paper production and sales volume; (ii) a decrease in overall production costs of the group in this period, resulting in a decrease in unit production costs, and the gross loss of the past period turned into gross profit of this period; and (iii) an increase in other income of approximately 20 in this period.
C&D NEWIN: REDUCTION OF LOSS
Express News | China International Capital Corporation: The papermaking sector is expected to enter a peak season in Q4, bullish on the 'safety margin + elasticity' leader.
Minsheng Securities: It is difficult for pulp prices to fall and the volatility is increasing, and profit improvement is expected.
On the one hand, the pulp production capacity of the above-mentioned companies is relatively low, while on the other hand, paper prices have strong resilience, and profit improvement can be expected.
C&D NEWIN: Annual Report 2023
Frequent news of production cuts and shutdowns has surged costs, and the outlook for paper companies in Q2 is bleak
“Due to the sharp rise in pulp board prices, our costs have increased dramatically. At the same time, it was difficult to raise prices in the finished product market, and the company suffered unprecedented losses and decided to stop production and maintenance of the No. 1 and No. 2 paper machines.” Recently, several household paper companies in Hebei issued shutdown notices.
Zhongtai Securities: Pulp price inflection point at the end of Q2 or paper companies currently focusing on good price and cost control capabilities
According to a research report released by Zhongtai Securities, the core driver of this round of pulp growth is European demand restoration+low inventories+capacity maintenance.
C&D Xinsheng (00731) announced its 2023 annual results with a net loss of HK$129 million
According to the Zhitong Finance App, C&D Xinsheng (00731) announced results for the year ended December 31, 2023, with revenue of HK$1,372 million; net loss of HK$129 million; and basic loss of HK9.1 cents per share. This year's gross loss was approximately HK$2010 million, mainly due to a drop in the average unit price of the Group's main paper products against the backdrop of the overall domestic macroeconomic downturn and slow consumer market recovery (nine months ended 31 December 2022: gross loss of approximately HK$54.8 million).
C&D NEWIN: FINAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
C&D Xinsheng (00731.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui, March 18, 丨 C&D Xinsheng (00731.HK) announced that the company will hold a board meeting on March 28, 2024 to adopt the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the proposed payment of a final dividend (if any).
A crazy price? With a production capacity of over 5 million tons this year, the paper supply peak suddenly reached |Industry Watch
Finance Association, January 11 (Reporter Luo Yichen) Expectations of a recovery in demand have repeatedly failed, forcing the market to re-examine supply-side pressure in the paper industry.
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