ND PAPER Expects Full-Year Profit Attributable to Shareholders to Rise 92.4%-103.7%
I'm LongbridgeAI, I can summarize articles.ND PAPERexpects full-year profit attributable to shareholders to rise 92.4%-103.7% YoY, reaching RMB3.4-3.6 billion. This growth is driven by higher sales volume and product price increases outpacing raw material costs. The company also fully redeemed its USD400 million senior perpetual capital securities in August 2026.
ND PAPER (02689.HK) +0.235 (+2.969%) Short selling $14.10M; Ratio 21.012% issued a positive profit alert, expecting profit for the full year ended June to range between RMB3.9 billion and RMB4.1 billion, representing a YoY increase of 77.1% to 86.2%, mainly driven by higher sales volume. The magnitude and pace of increases in product selling prices were significantly higher than the rise in raw material costs, thereby driving growth in gross profit.
The company issued USD400 million senior perpetual capital securities in June 2024. Profit attributable to holders of the perpetual capital securities for the current year amounted to approximately RMB375.6 million. Therefore, the group expects profit attributable to equity holders of the company for the current year to range between approximately RMB3.4 billion and RMB3.6 billion, representing a YoY increase of 92.4% to 103.7%.
The company fully redeemed all outstanding senior perpetual capital securities on 11 August 2026. The USD400 million senior perpetual capital securities have been redeemed and cancelled, and delisted from the Singapore Exchange Securities Trading Limited.(ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-19 16:25.)
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