China Sunshine Paper forecasts 55-65% profit decline

China Sunshine Paper Holdings anticipates a 55% to 65% decrease in profit attributable to owners for the six months ended June 30, 2025, compared to the same period in 2024.

The decline stems from lower paper product sales prices, reduced government subsidies due to lower value-added tax, operating losses from a joint venture in real estate, and fair value losses on financial assets.