C&D NEWIN estimates a full-year loss of up to 76.5 million yuan

C&D NEWIN (00731.HK) issued a profit warning, expecting a loss of between HKD 71.5 million and HKD 76.5 million for the fiscal year 2025, compared to a profit of HKD 24.6 million in the previous year. The reasons include the absence of significant one-time profits during the year; and the packaging paper market facing overall pricing pressure and fluctuations in raw material prices, which have narrowed the price gap between finished products and raw materials, putting pressure on the profitability of the paper-making division