[Sunshine Paper] semi-annual report interpretation: the main industry is stable and the new industry is expanding, and the net profit increased by 18% year-on-year
On August 29, Sunshine Paper (02002.HK) released its semi-annual results. In the first half of the year, Sunshine Paper achieved operating income of 4.208 billion yuan, down 4.25% year-on-year; The net profit returned to the mother was 193 million yuan, a substantial increase of 18.4%. By business, the company's white kraft paper, coated white Kraft paper, paper tube base paper, special paper products, corrugated paper, external power and steam business achieved revenue of 8.36, 10.43, 3.18, 8.84, 9.00, 227 million yuan, respectively. The proportion of total revenue was 19.87%, 24.79%, 7.55%, 21.39%, 21.01% and 5.39%, respectively. The company achieved the sales volume of 952,000 tons of machine-made paper, an increase of 1.3% year-on-year, maintaining the continuous growth of sales for many years.