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Nine Dragons Paper Holdings ( (HK:2689) ) has shared an announcement.
Nine Dragons Paper Holdings Limited announced its annual financial results for the year ended June 30, 2025, showcasing significant growth across various financial metrics. The company reported a 9.6% increase in sales volume, leading to a 6.3% rise in revenue to RMB63,240.5 million. Notably, the net profit surged by 177.3% to RMB2,201.7 million, reflecting improved operational efficiency and market demand. This substantial profit growth is expected to strengthen Nine Dragons Paper’s position in the paper industry, benefiting stakeholders through enhanced earnings per share and increased profit attributable to equity holders.
The most recent analyst rating on (HK:2689) stock is a Buy with a HK$6.20 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 leading paper manufacturing company, primarily engaged in the production of packaging paper products. The company operates within the paper industry, focusing on the manufacturing and sale of a wide range of paper products, including linerboard, high-performance corrugating medium, coated duplex board, and recycled printing and writing paper.
Average Trading Volume: 18,293,282
Technical Sentiment Signal: Buy
Current Market Cap: HK$28.34B
Find detailed analytics on 2689 stock on TipRanks’ Stock Analysis page.