Forest Packaging issued a performance forecast on the evening of January 22, 2025, and the company expects to achieve a net profit of 53 million yuan to 73 million yuan for the year 2025, belonging to the shareholders of the parent company, a decrease of 72.6% to 62.25% compared to the same period last year. The "Annual Digital Printing Paper Industry Upgrade Project" built by the company's holding subsidiary, Zhejiang Forest United Paper Industry Co., Ltd., was put into production in April 2025. Due to the need for commissioning and running-in, there was a significant loss. The company's main products, paper and paper packaging products, were affected by the uncertainty of the domestic and international economic environment and the intensification of market competition in 2025, and the selling price of the products declined to some extent, resulting in a certain degree of decline in profit levels.
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