SUNSHINE PAPER (02002) issues profit warning, expecting a 25% to 40% decrease in the mid-term profit attributable to shareholders compared to the previous year.
Sun Paper (02002) announced that the company's attributable profit for the six months ending June 30, 2026 is expected to decrease by approximately 25% to 40% compared to the same period in 2025. This decrease is mainly due to the rising prices of raw materials, resulting in increased purchasing costs and a decrease in gross profit margin; and the absence of income from the sale of carbon emission credits for the six months ending June 30, 2026.
SUNSHINE PAPER (02002) announced that it is expecting a decrease in the net profit attributable to owners of the company for the six months ending on June 30, 2026, by approximately 25% to 40% compared to the same period in 2025. This decrease is mainly due to the increase in the prices of key raw materials, leading to higher procurement costs and a decrease in gross profit margin; as well as no income from the sale of carbon emission quotas for the six months ending on June 30, 2026.
The board of directors believes that the overall financial condition and operations of the group remain sound and stable, and remains optimistic about the long-term growth and development of the group.
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