Nine Dragons Paper reports 70% increase in net profit
Monday, September 27, 2021
Nine Dragons Paper (2689) has reported a net profit of 7.1 billion yuan (HK$8.55 billion) for the year ended June, a 70.4 percent increase year-on-year.
It reported a final dividend of 33 fens per share, as compared to a basic earning per share of 1.51 yuan.
Revenue posted a year-on-year increase of 19.9 percent to 61.6 billion yuan.
The gross profit margin advanced by 1.4 percentage points to 19.0 percent.