ZHENGYE INT'L (03363) announced its interim results, with a profit attributable to shareholders of 24.158 million yuan, an increase of 939.05% year-on-year.

ZHENGYE INT'L (03363) announced its interim results for the six months ending June 30, 2026, reporting revenue of 1.305 billion yuan, an increase of 14.75% year-on-year; the profit attributable to shareholders was 24.158 million yuan, a dramatic increase of 939.05%; basic earnings per share were 4.83 cents. In the first half of 2026, starting from late April, the domestic corrugated paper market prices showed an overall upward trend, mainly driven by a combination of tighter waste paper supply on the raw materials side and sustained growth in export demand. During the reporting period, the Group's paper-making business achieved operating revenue of approximately 946.6 million yuan, representing a year-on-year increase of about 16.04%. Meanwhile, the Group completed the phased transformation of some production lines in the paper-making division in the first half of 2026, which helped optimize production costs. The gross margin for the paper-making business during the reporting period was approximately 12.01%, an increase of about 5.42 percentage points year-on-year.