Huangshan Novel Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
February 08, 2021 at 03:49 am EST
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Huangshan Novel Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,737.497 million compared to CNY 2,599.724 million a year ago. Operating income was CNY 348.338 million compared to CNY 307.917 million a year ago. Net income was CNY 303.032 million compared to CNY 269.116 million a year ago. Basic earnings per share from continuing operations was CNY 0.61 compared to CNY 0.54 a year ago. Diluted earnings per share from continuing operations was CNY 0.59 compared to CNY 0.54 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.