ZHENGYE INT'L released its interim results, with shareholders' profit attributable to shareholders at HKD 2.325 million, a year-on-year decrease of 84.53%
ZHENGYE INT'L released its interim results for the period ending June 30, 2025, with revenue of 1.137 billion yuan, a year-on-year decrease of 2.11%; profit attributable to shareholders was 2.325 million yuan, a year-on-year decrease of 84.53%. During the reporting period, the company adhered to technological innovation, promoted the research and development of low-quantity, high-strength recycled kraft paper and corrugated core paper, enhanced production capacity and efficiency to cope with industry competition and achieve stable sales growth
According to the Zhitong Finance APP, ZHENGYE INT'L (03363) announced its interim results for the six months ending June 30, 2025, with revenue of 1.137 billion yuan (RMB, the same below), a year-on-year decrease of 2.11%; profit attributable to shareholders of 2.325 million yuan, a year-on-year decrease of 84.53%; and basic earnings per share of 0.46 cents.
The announcement stated that during the reporting period, the group adhered to technological innovation. The group's paper division vigorously promoted the research and development of low-grammage, high-strength recycled kraft paper and corrugated core paper. At the same time, through the speed-up transformation of paper machines and further strengthening the transformation of biomass boilers, the group enhanced production capacity, stabilized product quality, and improved various production efficiencies, significantly reducing costs and expenses. This strategy aims to maintain market share in an increasingly competitive market and achieve stable sales growth by introducing more cost-effective products to the market
