Mudanjiang Hengfeng Paper Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 05:59 am
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Mudanjiang Hengfeng Paper Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 546.53 million compared to CNY 499.82 million a year ago. Revenue was CNY 546.53 million compared to CNY 499.82 million a year ago. Net income was CNY 22.63 million compared to CNY 37.96 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.13 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.