Fujian Qingshan Paper Industry Co., Ltd. Provides Earnings Guidance for 2018
January 29, 2019
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Fujian Qingshan Paper Industry Co., Ltd. provided earnings guidance for 2018. For the period, the company predicts an increase of between RMB 42 million and RMB 58 million in its net profit owned by shareholders of the listed company compared with the same period of the year before, with a year-on-year increase of between 40% and 55%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 47.47 million and RMB 63.47 million compared with the same period of the year before, with a year-on-year increase of between 70% and 93%.
Fujian Tsingshan Paper Co Ltd is a comprehensive papermaking company integrating pulping, papermaking, power generation and heat supply, alkali recovery, medicine, optoelectronics, and raw material forest base development. The Company is mainly engaged in the production and sales of bamboo and wood pulp, pulp (dissolving pulp), paper bag paper, paper products, optoelectronic products, pharmaceutical products, forest products and other products and their trade operations. The Company's main products are Qingshan brand series of stretchable bag paper, kraft wrapping paper, dissolving pulp and other products. The company's products are sold all over the China and in international markets.