Jinwu Financial News | Chenming Paper (01812) turned a loss into a profit in the first quarter, driving the stock price to reverse the market. The stock price was tentatively reported at HK$1.73, up 6.13%, with a turnover of HK$6.033 million.
The company released its report for the first quarter of 2024, and recorded net profit attributable to shareholders of listed companies of 58,1962 million yuan (RMB, same below), turning a year-on-year loss into a profit; basic earnings per share were 0.020 yuan, compared to -0.101 yuan for the same period last year. In the same period, revenue of 6.762 billion yuan was recorded, an increase of 9.84% over the same period last year.