SUNSHINE PAPER Issues Profit Warning, Anticipates 35-55% Drop in Annual Earnings

Stock News
03/18

SUNSHINE PAPER (02002) has announced an expected decrease in profit attributable to the company's owners for the fiscal year ending December 31, 2025. The projected decline is anticipated to be between approximately 35% and 55% compared to the prior year period. The company attributes the expected weaker performance primarily to a decrease in paper product selling prices, which has led to lower revenue and gross profit. Additionally, a reduction in value-added tax amounts resulted in a decrease in non-conditional government grants received by the company. The group also reported a fair value loss on financial assets measured at fair value through profit or loss. Despite the forecast, the Board of Directors expressed confidence that the group's overall financial position and operations remain sound and robust, maintaining an optimistic outlook for its long-term growth and development.

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