FilingReader Intelligence
Yueyang Forest & Paper forecasts profit turnaround
July 15, 2025 at 05:26 AM UTC•By FilingReader AI
Yueyang Forest & Paper expects net profit of CNY 130-156 million for the first half of 2025, reversing prior year losses.
The turnaround is attributed to acquiring Juntai Technology's 100% equity in December 2024, expanding consolidated reporting scope. The absence of significant asset impairment provisions from last year's severe weather also contributed to improved outlook.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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