Fujian Qingshan Paper Industry Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:21 am EDT
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Fujian Qingshan Paper Industry Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,843.329 million compared to CNY 1,945.780 million a year ago. Operating income was CNY 15.599 million compared to CNY 133.247 million a year ago. Net loss was CNY 6.643 million compared to net income of CNY 113.544 million a year ago. Basic loss per share from continuing operations was CNY 0.0029 compared to basic earnings per share from continuing operations of CNY 0.0492 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. 
