Nine Dragons Paper (Holdings) (HKG:2689) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥59.5b (up 4.9% from FY 2023).
- Net income: CN¥750.7m (up from CN¥2.38b loss in FY 2023).
- Profit margin: 1.3% (up from net loss in FY 2023).
- EPS: CN¥0.16 (up from CN¥0.51 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nine Dragons Paper (Holdings) Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) also missed analyst estimates by 4.9%.
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Forestry industry in Asia.
Performance of the market in Hong Kong.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Nine Dragons Paper (Holdings), and understanding it should be part of your investment process.
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