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Nine Dragons Paper optimistic despite drop in results and weaker demand

Capacity expansion continues: four machines to start operating next year

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Published in issue 40/2012
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Like many other companies, Nine Dragons Paper was affected by the difficult situation on global paper markets in the 2012 fiscal year closed on 30 June. Net results of the company fell from around RMB2bn (approximately €245m) in fiscal 2011 to around RMB1.5bn (€184m) in 2012. However, the company’s sales were ...

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