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According to the Zhitong Finance App, Nine Dragons Paper (02689.HK) announced that the Group is expected to make a profit of about RMB 3.9 billion to RMB 4.1 billion as of June 30, 2026 (this year), an increase of 77.1% to 86.2% over RMB 2,201.7 billion for the year ended June 30, 2025 (last year). This increase in profit was mainly driven by increased sales; the increase in product prices and speed were significantly higher than the increase in raw material costs, thus driving the increase in gross profit.
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According to the Zhitong Finance App, Nine Dragons Paper (02689.HK) announced that the Group is expected to make a profit of about RMB 3.9 billion to RMB 4.1 billion as of June 30, 2026 (this year), an increase of 77.1% to 86.2% over RMB 2,201.7 billion for the year ended June 30, 2025 (last year). This increase in profit was mainly driven by increased sales; the increase in product prices and speed were significantly higher than the increase in raw material costs, thus driving the increase in gross profit.
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