Nine Dragons Paper shares FY2024 interim results

China’s Nine Dragons Paper has released positive financial results. Photo by Nine Dragons Paper

New data published China’s Nine Dragons Paper has released the company’s unaudited consolidated interim results for the financial year 2024.


During the reported period, the holding achieved sales volume of approximately 10.0 million tonnes, representing an increase of 16.3% as compared with the corresponding period last year and hitting a record high. Revenue was approximately RMB30.6 billion [or US$4.2 billion]; gross profit was approximately RMB2.71 billion, year-on- year increase was close to triple,” the business said in a statement. 


The Company successfully turned losses into profits with profit attributable to equity holders of the Company achieving approximately RMB0.29 billion,” according to the manufacturer.