Shandong Chenming Paper Holdings Limited provided earnings outlook for third quarter and nine months ended September 30, 2015. For the quarter, the company expects net profit attributable to shareholders of the company in the range of CNY 266.00 million to CNY 300.00 million. Basic EPS expects in the range of CNY 0.14 to CNY 0.15.

For the nine months, the company expects net profit attributable to shareholders of the company in the range of CNY 546.00 million to CNY 580.00 million. Basic EPS expects in the range of CNY 0.28 to CNY 0.30. The gross profit margin of the products and the volume of the sales of pulp increased year on year due to the year-on-year reduction in production costs through strengthening of internal management, and active market expansion by the Company. The profitability grew year on year due to the external growth of the financial leasing business of the Company.