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Yueyang Forest & Paper unit to buy heavy calcium project assets worth 46.3 mln yuan

6:00am EDT

Yueyang Forest & Paper Co Ltd <600963.SS> : Says its wholly owned industrial unit will buy heavy calcium project assets, including plant, equipments, production lines as well as material, from a recourse development company .Transaction amount is 46.3 million yuan.

C&S Paper sees Q1 FY 2017 net profit up 50 pct to 80 pct

Sunday, 26 Mar 2017 11:55pm EDT

C&S Paper Co Ltd <002511.SZ> : Sees Q1 FY 2017 net profit to increase by 50 percent to 80 percent, or to be 68.3 million yuan to 82 million yuan . Says Q1 FY 2016 net profit was 45.6 million yuan .The reason for the forecast is increased sales revenue.

Inapa FY net loss widens to 2.2 millon euros

Friday, 24 Mar 2017 01:53pm EDT

Inapa SA : FY net loss 2.2 million euros ($2.4 million) versus loss 0.4 million euros year ago . FY sales 849.8 million euros versus 881.3 million euros year ago . FY recurring EBITDA 22.0 million euros versus 23.2 million euros year ago .Says net debt 290.7 million euros at end-2016 versus 310.9 million euros at end-2015.

Shandong Sun Paper sees Q1 net profit up 180-230 pct

Friday, 24 Mar 2017 04:35am EDT

Shandong Sun Paper Industry Joint Stock Co Ltd <002078.SZ> :Says it expects Q1 net profit to rise 180-230 percent y/y to 397.2-468.1 million yuan ($57.68-$67.98 million).

Hokuetsu Kishu Paper sees 19 pct rise in FY operating profit-Nikkei

Thursday, 23 Mar 2017 03:14pm EDT

Nikkei: Hokuetsu Kishu Paper expected to report a 19 pct increase in operating profit to around 11 billion yen for the year ending march 31-Nikkei .Hokuetsu Kishu Paper expects sales to grow 7 pct to 265 billion yen for the year ending march 31-Nikkei.

Orient Paper says as of Dec 31, 2016, co had assets of about $14.5 mln

Wednesday, 22 Mar 2017 04:30pm EDT

Orient Paper Inc : Orient Paper - as of Dec 31, 2016, co had assets of about $14.5 million, liabilities of about $20.6 million , resulting in working capital deficiency of about $6.1 million . Orient Paper - currently seeking to restructure term of liabilities by raising funds through long-term loans to pay off liabilities with shorter terms . Orient Paper - ability to continue as going concern dependent upon obtaining necessary financing or negotiating terms of existing short-term liabilities .Orient Paper - in addition to working capital deficit, had entered into contracts with capital expenditure commitments for about $14 million as of Dec 31 - SEC filing.

Orient Paper announces Q4 revenue of $31.4 million

Wednesday, 22 Mar 2017 04:30pm EDT

Orient Paper Inc : Orient Paper, Inc. announces fourth quarter and fiscal year 2016 financial results . Q4 earnings per share $0.14 . Q4 revenue fell 10.6 percent to $31.4 million . Orient Paper- Cautious on 2017 outlook as slowing GDP growth in China,government's efforts to combat pollution to take toll on paper industry .Orient Paper Inc - "Expect that our digital photo paper production will remain suspended for foreseeable future".

James Cropper sees 2017 moderately ahead of prior expectations

Wednesday, 22 Mar 2017 03:00am EDT

James Cropper Plc - : Board expects results for year ending April 1 2017 to be moderately ahead of its previous expectations . Outlook for next year remains encouraging with growth expected across all three businesses . Announce that Doug Mitchell, a non-executive director of James Cropper for 5 years, is retiring at end of this month . During year James Cropper experienced healthy sales growth across both paper and technical fibre products businesses .Impact of foreign exchange movements has also been favourable to export business.

Upm sells hydro power facilities in Germany to erdgas schwaben

Wednesday, 22 Mar 2017 02:35am EDT

UPM-Kymmene Oyj : Sells hydro power facilities in Schongau and Ettringen, Germany to erdgas schwaben gmbh located in Augsburg . Parties have agreed not to disclose purchase price .Transaction does not have an effect on employees working at UPM Schongau and UPM Ettringen Mills.

R&I affirms Hokuetsu Kishu Paper Co Ltd's rating at "A-" and announces stable outlook -R&I

Wednesday, 22 Mar 2017 02:23am EDT

Hokuetsu Kishu Paper Co Ltd <3865.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook stable -R&I.

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