SUNSHINE PAPER (02002) profit warning. It is expected that the shareholders' net profit for the year 2025 will decrease by approximately 35% to 55% compared to the previous year.

Sunshine Paper (02002) announced that it is expected the profit attributable to the owners of the company and its subsidiaries (referred to as the Group) for the year ending on December 31, 2025 to decrease by approximately 35% to 55% compared to the same period in 2024. The decline in the Group's performance for the year ending on December 31, 2025 is mainly attributed to a decrease in the selling price of paper, resulting in a decrease in revenue and gross profit; a decrease in the amount of value-added tax, leading to a decrease in unconditional government subsidies received by the company; and a loss in the fair value of financial assets accounted for in the profit and loss. The Board of Directors believes that the overall financial condition and operations of the Group are maintained in a good and stable manner, and remains optimistic about the long-term growth and development of the Group.