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Capital & Financial Markets 30 Oct 2026

Zhejiang Rongsheng lifts nine-month sales and net income

Zhejiang Rongsheng Environmental Protection Paper reported nine-month sales of USD 273.62m (CNY 1,820.39m) to 30 September 2026, up from USD 242m (CNY 1,609m) a year earlier. Net income rose to USD 31.67m (CNY 210.67m) from USD 25.69m (CNY 170.92m), and basic earnings per share rose to USD 0.11 (CNY 0.71) from USD 0.10 (CNY 0.65).

Why this mattersNet income up 23% on sales up 13% shows this Chinese paper producer widening margins over the first nine months of 2026.

  • Nine-month sales to 30 September 2026 USD 273.62m (CNY 1,820.39m), up from USD 242m (CNY 1,609m)
  • Nine-month net income USD 31.67m (CNY 210.67m), up from USD 25.69m (CNY 170.92m)
  • Basic EPS from continuing operations USD 0.11 (CNY 0.71), against USD 0.10 (CNY 0.65)
  • Diluted EPS from continuing operations USD 0.11 (CNY 0.71), against USD 0.09 (CNY 0.62)
  • The company employs 1,084 people
Zhejiang Rongsheng Environmental Protection Paper
Sources ca.marketscreener.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-01 · Edited before publication: Conversion errors: CNY 1,820.39m is USD 273.62m and CNY 1,609m is USD 242m. EPS was not converted. 'Recycled paper producer' is not supported by the source.