Nine Dragons Paper Announces 2021 Interim Results

Nine Dragons Paper (Holdings) Limited (the “Company”) is pleased to announce the unaudited interim results of the Company and its subsidiaries (the “Group” or “Nine Dragons Paper”) for the six months ended 31 December 2020 (the “Period”).
⚫ Revenue increased by 7.1% year-on-year to a historical high of RMB 30.9 billion
⚫ Sales volume achieved record high of 8.6 million tonnes
⚫ Net profit1 was RMB 4.0 billion; a year-on-year increase of 75.6%
⚫ Gross profit margin of 20.9%; a year-on-year increase of 3.8 percentage points
⚫ Net profit margin of 13.0%; a year-on-year increase of 5.1 percentage points
⚫ Net gearing ratio decreased to 44.1%, the lowest level since listing
⚫ Basic earnings per share increased by RMB 36 cents year-on-year to RMB 0.85
details at:

Back To Top
×Close search