C&D NEWIN (00731) announced its interim results, reporting a net loss of HK$32.855 million, a year-on-year reduction of 20.18%.

C&D NEWIN (00731) announced its interim results for the six months ending June 30, 2026. The group achieved revenue of HK$850 million, an increase of 32.81% year-on-year; net loss narrowed to HK$32.855 million, a reduction of 20.18% year-on-year; and basic loss per share was HK$0.023. The announcement stated that the reduction in loss during the period was mainly attributed to (i) an increase in revenue due to rising sales and unit prices of paper products; (ii) improved overall production efficiency due to the implementation of technology upgrade projects from previous years, leading to a decrease in energy costs per ton of paper products; and (iii) as a qualified enterprise for resource comprehensive utilization, the group recognized an increase in VAT revenue during the period in accordance with the national tax policy of immediate collection and immediate refund.