Guangdong Guanhao High-Tech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 05:56 am
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Guangdong Guanhao High-Tech Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,093.580 million compared to CNY 1,265.465 million a year ago. Operating income was CNY 71.076 million compared to CNY 65.905 million a year ago. Net income was CNY 62.572 million compared to CNY 54.858 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.04 a year ago.
Guangdong Guanhao High-Tech Co Ltd is a China-based company mainly engaged in papermaking business. The Company's main products include thermal materials, adhesive sticker label materials, sublimation transfer paper, and carbonless paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others. The Company also provides a series of adhesive sticker products, mainly used in logistics, medicine and food processing and other fields. The Company also produces coated white cardboard, paper chemicals, and color printing. The Company mainly distributes its products in domestic and overseas markets.