Huangshan Novel Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 04:06 am EDT
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Huangshan Novel Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 723.079 million compared to CNY 530.634 million a year ago. Operating income was CNY 73.370 million compared to CNY 57.404 million a year ago. Net income was CNY 60.953 million compared to CNY 49.315 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.1 a year ago.
HUANGSHAN NOVEL CO.,LTD is China-based company engaged in the manufacture and distribution of packaging materials. The Company provides color composite packaging materials, vacuum aluminized packaging materials and plastic flexible packaging films, which are used in food packaging, daily-use chemical products packaging, pharmaceutical packaging, agrochemical packaging, construction materials packaging and electronic products packaging, among other applications. The Company is also engaged in the manufacture of ink. The Company distributes its products in domestic markets, as well as to overseas markets.