Chenming Paper (01812) released interim results with net loss of 786 million yuan, a year-on-year decrease of 79.61%

According to the Zhitong Finance App, Chenming Paper (01812) announced interim results for the six months ended June 30, 2026. The group achieved operating income of 6.865 billion yuan during the period, an increase of 225.9%; net loss attributable to shareholders of listed companies was 786 million yuan, a year-on-year decrease of 79.61%; and a basic loss of 0.27 yuan per share.

According to the announcement, during the reporting period, the company actively adapted to market changes, strengthened fine management, and achieved a significant year-on-year increase in production and sales volume and sales volume and significant reduction in downtime losses through a series of measures such as formulating clear strategic business goals, sorting out organizational structures, improving management systems, and coordinating a series of measures such as optimizing logistics and transportation, promoting process technology reform, strengthening independent equipment maintenance, and expanding multiple sales channels; at the same time, the company relied on various production bases to fully resume work and resume production; in addition, the company actively negotiated further interest rate cuts and financial expenses with various creditors The decline was obvious. Coupled with the company's divestment of all assets related to the financial leasing business in the fourth quarter of last year, it affected the sharp year-on-year reduction in credit impairment losses and asset impairment losses during the reporting period.