According to the Zhitong Finance App, C&D Xinsheng (00731) announced results for the year ended December 31, 2023, with revenue of HK$1,372 million; net loss of HK$129 million; and basic loss of HK9.1 cents per share.

This year's gross loss was approximately HK$2010 million, mainly due to a drop in the average unit price of the Group's main paper products against the backdrop of the overall domestic macroeconomic downturn and slow consumer market recovery (nine months ended 31 December 2022: gross loss of approximately HK$54.8 million).