Xianhe Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:01 am
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Xianhe Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,337.458 million compared to CNY 3,287.173 million a year ago. Operating income was CNY 580.294 million compared to CNY 306.975 million a year ago. Net income was CNY 494.485 million compared to CNY 268.090 million a year ago. Basic earnings per share from continuing operations was CNY 0.79 compared to CNY 0.44 a year ago.
Xianhe Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of specialty papers. The Company's main products include paper used in tobacco industry, paper used in home decorating, paper used in business communications and anti-counterfeiting, paper used in food and medical packaging, paper used in labels, electrical and industrial paper, paper used in thermal transfer, low quantitative publishing printing paper and others. The Company mainly distributes its products within domestic market.
XIANHE CO.,LTD. 
