【券商聚焦】信达证券：玖龙纸业(2689.HK)盈利改善超预期浆纸协同优势放大

金吾财讯01-30

金吾财讯|信达证券发布研报指，玖龙纸业(2689.HK)FY26H1归母净利润预计达19.5-20.5亿元（同比+315.2%~+336.5%），超预期增长主因销量提升、售价上涨及成本优化。测算显示25H2吨盈利约180+元/吨（较25H1的120+元/吨显著改善），浆纸自给率提升推动白卡等品类盈利逆势改善。废纸系业务中，箱板/瓦楞纸25Q4均价环比分别+8.6%/+16.9%；浆纸系虽价格承压...

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【券商聚焦】信达证券：玖龙纸业(2689.HK)盈利改善超预期 浆纸协同优势放大

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【券商聚焦】信达证券：玖龙纸业(2689.HK)盈利改善超预期浆纸协同优势放大