Core Viewpoint - Nine Dragons Paper Holdings Limited (玖龙纸业) has announced a significant increase in expected profits for the fiscal year ending June 30, 2025, projecting earnings between RMB 2.1 billion and RMB 2.3 billion, representing a growth of 165% to 190% compared to last year's RMB 794 million [1] Group 1 - The company's profit growth is primarily attributed to an increase in sales and a notable decline in raw material costs, which decreased at a faster rate than the drop in product prices, thereby boosting gross margins [1] - The company plans to issue USD 400 million in perpetual capital securities in June 2024 [1] - The expected profit attributable to perpetual capital securities holders for the current year is approximately RMB 400 million, leading to an anticipated profit attributable to equity holders of around RMB 1.7 billion to RMB 1.9 billion, an increase of 126% to 153% from last year's RMB 751 million [1]
港股异动 | 玖龙纸业(02689)午后涨超8% 预计年度盈利同比大增165%至190%