---
title: "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"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247449550.md"
description: "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"
datetime: "2025-07-07T08:21:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247449550.md)
  - [en](https://longbridge.com/en/news/247449550.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247449550.md)
---

# 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

According to the announcement from Zhitong Finance APP, Forest Packaging (605500.SH) expects to achieve a net profit attributable to the parent company of 22 million to 33 million yuan for the first half of 2025, a decrease of 72.42% to 58.64% compared to the same period last year. It is expected to achieve a net profit attributable to the parent company, excluding non-recurring gains and losses, of 20.5 million to 30.5 million yuan, a decrease of 74.61% to 62.23% compared to the same period last year.

The main reason for the expected decline in performance this period is that the first phase of the "600,000 tons annual production digital inkjet paper industry upgrade project" constructed by the company's holding subsidiary, Zhejiang Forest United Paper Co., Ltd., will start production in April 2025. Due to the initial production requiring debugging and adjustment, losses have occurred. This is not due to significant changes in the company's production and operation order or external environment, such as market conditions or industry policies

### Related Stocks

- [605500.CN](https://longbridge.com/en/quote/605500.CN.md)

## Related News & Research

- [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md)
- [BEZOS: THIS ISN'T ANYONE'S FAULT BUT GOVT POLICY](https://longbridge.com/en/news/287065227.md)
- [Roger Stone allegedly threatened political retribution against Cuomo brothers, others in text messages](https://longbridge.com/en/news/286942036.md)
- [Jeff Bezos describes his $38B startup Prometheus for the first time: ‘Nothing to do with robotics’](https://longbridge.com/en/news/287080462.md)
- [09:39 ETParkinson's Foundation Invests Nearly $600K in Innovative Care Grants](https://longbridge.com/en/news/286923742.md)