Shandong Chenming Paper Holdings Ltd. reported unaudited consolidated and company earnings results for the first half ended June 30, 2015. For the period, on consolidated basis, reported total revenue of RMB 9,718,697,677.76 compared to RMB 9,082,020,579.01 a year ago period. Operating profit was RMB 355,365,560.00 compared to RMB 22,053,283.99 a year ago period. Net profit attributable to shareholders of the company was RMB 276,388,070.51 compared to RMB 242,461,095.02 a year ago period. Diluted earnings per share were RMB 0.14 compared to RMB 0.12 a year ago period. Rate of return on net assets on weighted average basis was 1.97% against 1.72% a year ago period.

For the period, on company basis, the company reported revenue of RMB 3,168,439,943.39 compared to RMB 3,996,792,004.38 a year ago period. Operating loss was RMB 70,328,822.94 compared to RMB 226,742,683.39 a year ago period. Net profit was RMB 6,197,689.41 compared to RMB 275,846,548.92 a year ago period. Net cash used in operating activities were RMB 2,222,755,634.73 against net cash flows from operating activities of RMB 1,285,696,261.13 a year ago period. Cash paid for purchase of fixed assets, intangible assets and other long-term assets was RMB 947,028,823.98 against RMB 1,214,448,290.91 a year ago.

The company provided earnings guidance for full year of 2015. For the period, the company expects cumulative net profit for the period between the beginning of the year to the end of the next reporting period being projected to be at a loss or expected to have material changes as compared to the corresponding period of prior year and its explanation.