Shandong Chenming forecasts RMB3.5-4bn interim loss

Shandong Chenming Paper Holdings Limited projects a net loss of RMB3.5-4 billion for the first half of 2025, compared to a RMB28.65 million profit in the prior year.

The company attributes the expected loss to significant declines in production and sales volumes as major production bases remained shut for maintenance, plus provisions for impairment and bad debts.