Nine Dragons highlights expansion plans
March 13, 2019Nine Dragons Paper announced its consolidated interim results of the company and its subsidiaries for the six months ended Dec. 31, 2018. According to a Nine Dragons news release, the Hong Kong-based company achieved a revenue increase of about 18.2 percent over the corresponding period last year.
The company attributes the growth to its packaging paper business, including linerboard, high-performance corrugating medium and coated duplex board, which accounted for about 86.2 percent of the revenue, with the remaining revenue being generated from its printing and writing paper and high-value specialty paper and pulp products.