Latest twits on Nine Dragons Paper Holdings Ltd (2689)
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David Lyons 02:48 19/10/2020
$2689 In FY2020 Revenue dropped by 6.1% for the first time in 5 years - COVID-19 lead to a decline of consumption of many offline products. EBITDA Margin improved vs. FY2019 to 16.6%.
Paper consumption is still growing in developing markets like India and Nine Dragons is well positioned geographically to capture that growth. Should be a promising investment for the long run. #bullish
Nine Dragons Paper Holdings Limited produces a wide range of containerboard products. The Company primarily produces linerboard, including kraft linerboard, test linerboard, white top linerboard, high performance corrugating medium and coated duplex board.
