研报掘金丨信达证券：五洲特纸产能爬坡、提价落地，浆纸布局持续完善

格隆汇07-10

信达证券研报指出，五洲特纸产能爬坡、提价落地，浆纸布局持续完善。26H1归母净利润实现2.26-2.36亿元（同比+85.8%~94.0%），26Q2归母净利润中值为1.32亿元（同比+130.8%）。展望未来，伴随浆价高位回落，特纸价格26Q3或保持平稳，文纸&食品卡提价有望逐步落地，浆纸系整体吨盈利或将温和修复；包装纸受益于极端气候、仍处提价通道，整体吨盈利有望保持向上。同时，伴随旺季来临&...

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