C&D Newin Paper & Pulp Reports HK$640 Million Revenue and HK$41.2 Million Loss for H1 2025, Revenue Down 3.7% Year-on-Year
Reuters
Sep 30
C&D Newin Paper & Pulp Reports HK$640 Million Revenue and HK$41.2 Million Loss for H1 2025, Revenue Down 3.7% Year-on-Year
C&D Newin Paper & Pulp Corporation Limited reported its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group posted revenue of HK$640.0 million, compared to HK$664.6 million in the same period last year, reflecting a decrease mainly attributed to lower unit selling prices for paper products amid a volatile international trading environment, slow consumer market recovery, and overall pricing pressure in the packaging paper sector. The Company reported a loss for the period of HK$41.2 million, an increase of HK$7.4 million compared to the loss of HK$33.8 million in the corresponding period of 2024. This increase in loss was mainly attributable to the decrease in revenue and increased selling expenses. C&D Newin Paper & Pulp Corporation Limited continues to operate a single business segment, focused on the manufacturing and selling of paper products, with operations primarily assessed in the People's Republic of China. No significant updates to the business model or operational structure were reported in the interim results.
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