Forest Packaging issues a profit warning, expecting a year-on-year decrease of 58.64% in net profit attributable to the parent company for the first half of the year, down to 72.42 million

Forest Packaging expects that the net profit attributable to the parent company in the first half of 2025 will decrease by 58.64% year-on-year to 72.42%, with an estimated net profit of 22 million to 33 million yuan. After deducting non-recurring gains and losses, the net profit is expected to be 20.5 million to 30.5 million yuan, mainly due to initial losses from the industrial upgrade project of its holding subsidiary, Zhejiang Forest United Paper Industry Co., Ltd