Forest Packaging Group

Forest Packaging Group posts higher revenue but lower profit for nine months

Chinese paper packaging maker Forest Packaging Group reported revenue of USD 460.87m (CNY 3,073.05m) for the nine months to 30 September 2026, up 55% from USD 297.09m (CNY 1,981.01m) a year earlier. Net profit fell to USD 3.83m (CNY 25.51m) from USD 4.53m (CNY 30.22m).

Why this mattersA 55% revenue rise with lower net profit shows Forest Packaging growing at thinner margins in China's paper packaging market.

• Nine-month revenue to 30 September 2026 was USD 460.87m (CNY 3,073.05m), against USD 297.09m (CNY 1,981.01m) a year earlier
• Nine-month net profit fell to USD 3.83m (CNY 25.51m) from USD 4.53m (CNY 30.22m)
• Basic earnings per share from continuing operations fell to CNY 0.06 from CNY 0.07
• Shares closed at USD 1.06 (CNY 7.05) on the Shanghai Stock Exchange on 23 October 2026, down 21.23% since 1 January
• The company has 2,236 employees

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