Mudanjiang Hengfeng Paper Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 16, 2021 at 04:48 am
Share
Mudanjiang Hengfeng Paper Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 499.823 million compared to CNY 382.682 million a year ago. Operating income was CNY 50.624 million compared to CNY 26.313 million a year ago. Net income was CNY 37.960 million compared to CNY 15.930 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.05 a year ago.
MUDANJIANG HENGFENG PAPER CO., LTD is a China-based company principally engaged in the manufacture and distribution of paper, pulp and paper products. The Company's main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper, bible paper and others, as well as chopsticks wrapping paper, straw wrapping paper, high-energy alkaline battery separator paper, paper tea bags and other specialty industrial paper. The Company distributes its products within domestic market and to overseas markets.