Shandong Chenming Paper (HKG:1812, SHE:000488) expected an attributable loss of between 700 million yuan and 800 million yuan for the first half of 2026, narrower than a 3.86 billion yuan loss a year prior.
The paper company attributed the forecast to a narrower loss incurred in overall operations, as well as narrower credit impairment and asset impairment losses, according to a Tuesday Hong Kong bourse filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.