Summary by Moomoo AI
Jiulong Paper Company issued on February 27, 2024 its Interim Report for Fiscal Year 2023/24, announcing its financial results for the six months ended December 31, 2023. The report showed that the Group's revenue reached RMB306 billion, and the gross profit margin increased from 2.2% in the same period last year to approximately 8.8%. During the period, the Group achieved a profit of approximately RMB 3 billion. Jiulong Paper Company is mainly engaged in the production and sale of packaging paper, cultural paper and high-priced specialty paper products and pulp products, and maintains effective communication with investors through a variety of channels. During the reporting period, the Group had a significant capital commitment of RMB78 billion in property, plant and equipment and had more than 2500 shareholders at the end of the reporting period. The shares of Jiulong Paper have been listed on the Main Board of the Hong Kong Stock Exchange Limited since March 2006.