Fujian Qingshan Paper Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 01:53 pm EDT
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Fujian Qingshan Paper Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,495.383 million compared to CNY 2,670.264 million a year ago. Operating income was CNY 107.464 million compared to CNY 152.865 million a year ago. Net income was CNY 76.534 million compared to CNY 127.529 million a year ago. Basic earnings per share from continuing operations was CNY 0.0332 compared to CNY 0.0553 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.