China Sunshine Paper Flags Upto 65% Decline in H1 Profit; Shares Drop 7%

MT Newswires Live

08/11

China Sunshine Paper (HKG:2002) said it expects an up to 65% decline in profit for the first half of 2025, according to a Hong Kong bourse filing Friday.

Shares of the paper manufacturer fell nearly 7% in recent Monday trade.

The company expects its attributable profit for the six months ended June 30 to decline by 55% to 65% year over year, it said.

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