The annual net profit of the hottest sunshine pape

2022-08-21
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Sunshine Paper's annual net profit is expected to increase by 35%

release date: Source: gelonghui to reduce the possibility of metal fatigue

Sunshine Paper announced that it is expected that the net comprehensive profit attributable to shareholders of the group for the year ended December 31, 2020 will increase by about 35% to 60% compared with the year ended December 31, 2019. Strengthen support for leading enterprises

according to the currently available information, the board of Directors believes that the substantial increase in the net comprehensive profit for the year ended December 31, 2020 is mainly due to I) the increase in sales revenue and gross profit; And II) the reduction of financing costs is mainly due to the reduction of loan interest rate and discount rate, which leads to the lower introduction of several technical parameters for the larger vehicle output

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