Nine Dragons Paper (Holdings) Limited provides earnings guidance for the six months ended 30 June 2022. The company announced that if the exchange gains on operating and financing activities (net of tax) were excluded, the profit attributable to equity holders of the Company for the year ended 30 June 2022 (the "Year") is expected to decrease not more than 60% as compared to the year ended 30 June 2021 (the "Last Year"). The decrease was mainly due to the increase in the selling price of the products was much slower than the increase in the cost of raw materials with sales volume remained relatively stable amid the COVID-19 pandemic.