Fujian Qingshan Paper Industry Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 06:01 am EDT
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Fujian Qingshan Paper Industry Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 780.66 million compared to CNY 691.91 million a year ago. Revenue was CNY 780.66 million compared to CNY 691.91 million a year ago. Net income was CNY 64.38 million compared to CNY 60.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.0291 compared to CNY 0.0265 a year ago. Diluted earnings per share from continuing operations was CNY 0.0291 compared to CNY 0.0265 a year ago.
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.