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China Company Research - Chenming Paper
China Market Report, May 2008, Pages: 46
Chenming Paper Group is a leading paper manufactory in China. The main businesses are mechanism paper, cardboard and other paper products and paper raw materials. The total capacity is nearly 3.5 million tons.
In 2007, Chenming made 2.87 million tons of mechanism paper, more than 440.000 tons than last year, an increase of 18.11 per cent year-on-year; 15164742500 yuan of operating incomes, more than 3181277900 yuan than last year, an increase of 26.55 per cent year-on-year; 207448.15 yuan of operating cost, more than 2366271700 yuan than last year, an increase of 24.37 per cent year-on-year; 1284844000 yuan of operating profit, an increase of 96.33% year-on-year; 9676362000 yuan of net profit of shareholders, an increase of 171.12 per cent year-on-year;
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