Shandong Chenming Paper (HKG:1812) said it expects to post a loss in H1, according to a Hong Kong bourse filing Monday.
Shares of the paper manufacturer fell nearly 8% in afternoon trade Tuesday.
The company expects an attributable loss of 3.5 billion yuan to 4 billion yuan for the six months ended June 30, compared to a profit of 28.7 million yuan in the same period last year.