Capital, Earnings & M&A
C&S Paper: Beset by External Challenges and Internal Woes
C&S Paper, once dubbed the 'paper Mao Tai', has seen its stock price halve since June 2021, following a series of internal issues including executive departures and a terminated employee stock ownership plan. The company's performance has also deteriorated, with a significant drop in net profit in the first three quarters of 2021 due to rising raw material costs and intensified competition.
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