Gelonghui, March 21 | Zhongbao New Materials (02439.HK) announced that the Group expects the net profit recorded by the company's equity holders in 2023 to increase from about RMB 56.5 million to no less than RMB 80 million for the year ended December 31, 2022. The Board believes that this increase is mainly due to (i) the increase in revenue driven by increased sales revenue of biodegradable rolling bags and biodegradable plastic shopping bags, which led to an increase in gross profit, and (ii) a decrease in listing expenses.
中宝新材(02439.HK)盈喜：预期2023年净利不少于8000万元
Zhongbao New Materials (02439.HK) Yingxi: Expected net profit of not less than 80 million yuan in 2023
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