Fujian Qingshan Paper Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 06:01 am EDT
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Fujian Qingshan Paper Industry Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,073.253 million compared to CNY 1,359.702 million a year ago. Operating income was CNY 3.000 million compared to CNY 107.824 million a year ago. Net loss was CNY 14.219 million compared to net income of CNY 92.845 million a year ago. Basic loss per share from continuing operations was CNY 0.0062 compared to basic earnings per share from continuing operations of CNY 0.0403 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.
FUJIAN QINGSHAN PAPER INDUSTRY CO., LTD. 
