Analysis on the trend of global paper industry in 2004
despite the fluctuation of currency interest rate and market turmoil, the global paper industry still performed well in 2004. According to the data released by PricewaterhouseCoopers at the 18th global forest and paper conference held in Vancouver, Canada, the average profit of carton industry in 2004 is estimated to be 5.4%, which is higher than that in the past four years. However, this figure is still 10% - 12% lower than the goal of maintaining competitiveness in the capital market required by roce
according to the analysis of peicehousecoopers, the annual income of the global paper industry increased by 8% to $34.3 billion in 2004, compared with $319 in 2003. Net income almost doubled from 2003, to 7.7% in 2003 $300 million, compared with $1.4 billion in 2004
Mr. clivesuckling of pricehousecoopers, the leader of the UK forest and paper industry, said: "We are gradually returning to the income level of 2000, especially when the product itself is in displacement or the induction of the product is not accurate. However, many departments are making money in the plight of overcapacity due to the addition of new production capacity. It is very necessary for the carton production industry to carry out further alliances and mergers and close high-cost production bases in order to attract more investors."
information source: Global corrugated industry
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