Hengfeng Paper forecasts up to 96% profit jump

Mudanjiang Hengfeng Paper Co., Ltd. expects net profit for the first half of 2025 to reach 850 million to 1.1 billion yuan, representing year-over-year growth of 51% to 96%.

Excluding non-recurring items, net profit is projected at 750 million to 1 billion yuan, up 73% to 130%.

The company attributes the growth to improved operational efficiency, cost controls in raw materials and energy, and optimized supply chain management.