Longchen Paper revenue rises 23.2% as eight-month profit turns positive

Verifying
  • Longchen Paper reported August revenue of NT$4.596 billion, up 23.2% year over year.
  • NT$520 million was the first-eight-month pre-tax profit, versus a NT$700 million loss.
  • Analysts identified Mid-Autumn Festival, e-commerce and Christmas stocking demand as upcoming market drivers.
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