Nbond 1Q 2024 results: revenue up 9.95%, profit up 98.7%




SHANGHAI, May 7, 2024-

Chinese spunlace nonwoven and wipes manufacturer Nbond Nonwovens Co. released its earnings results for the first quarter of 2024. Revenue achieved a year-on-year increase of 9.95% to 437.06 million yuan ($60.54 million). Net profit attributable to the owners of the parent jumped by 98.7% to 20.48 million yuan. Net profit attributable to owners of the parent after deducing non-recurring profit and loss grew by 105.41% to 16.57 million yuan.

Founded in 2002 in Hangzhou, Zhejiang province, Nbond was officially listed in Shanghai Stock Exchange in February 2017. The company is one the leading spunlace nonwoven manufacturers in China.


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