C&D NEWIN (00731) issues a profit warning, expecting a consolidated net loss of approximately HK$30 million to HK$35.5 million for the first half of the year.
Jianfa Xingsheng (00731) announced that the group expects a consolidated net loss of approximately HKD 30 million to 35.5 million in the first half of 2026, compared to a consolidated net loss of approximately HKD 41.2 million for the same period in 2025.
C&D NEWIN (00731) announced that the group expects a consolidated net loss of approximately HKD 30 million to HKD 35.5 million for the first half of 2026, compared to a consolidated net loss of about HKD 41.2 million for the same period in 2025.
The announcement stated that the anticipated reduction in losses is primarily due to: an increase in sales and unit prices of paper products, leading to increased revenue during the period; the previous year's technological renovation projects having now been put into operation, resulting in improved overall production efficiency and reduced energy costs per ton of paper products; and the group, as a qualified enterprise for comprehensive resource utilization, experiencing an increase in income from the value-added tax that is refunded immediately according to national tax policy during the period.
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