Chinese packaging paperboard producer, Dragons Paper Holdings (2689), said today it expects net profit for the year ended June 30, to increase by not less than 60 percent compared with the year before, due to higher product prices and a better profit margin.
The higher profit, excludes exchnage losses. Exchange losses from operating and financing were 382.7 million yuan, the company said today.
Last year, Nine Dragons reported net profit of 4.76 billion yuan.
Yeohthai had make it right not only nine dragon, Japan Oji paper as well. Muda also has their business in China, paper in China increase also would affect muda paper price increase to export to China also
What makes you all so confident about the QR?if QR is good sure got people know in early and buy , the volume should be going up and price should be going up. Now both of it dropping
No need to thank you me. Im just so sad that you guys treat me as a conman when im giving my advice . I really think you guys should sell. Which i did at 2.12. You know why you guys will say im conman when i give sell call, because you guys cant take the loss, and lie to yourself that im a conman. If you guys keep on trading with such attitude. You guys cant go far !
Muda is primary manufacturer, supply paper to secondary user like boxpak or Orna. Rising paper price will benefit to paper mills but not carton converter.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
baby shark
66 posts
Posted by baby shark > 2018-08-20 23:38 | Report Abuse
china paper sell price higher now