C&D Newin Paper & Pulp Corporation Limited (HK:0731) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
C&D Newin Paper & Pulp Corporation Limited reported their unaudited interim financial results for the first half of 2024, showing an increase in revenue to HK$664,584,000 from the previous year’s HK$593,547,000, yet still experiencing a net loss of HK$33,812,000, which is an improvement over the prior year’s loss of HK$103,635,000. The company has managed to reduce its operational losses and administrative expenses compared to the same period in 2023.
For further insights into HK:0731 stock, check out TipRanks’ Stock Analysis page.