Huangshan Novel Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
July 30, 2020 at 04:20 am EDT
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Huangshan Novel Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,243.589 million compared to CNY 1,151.046 million a year ago. Operating income was CNY 147.793 million compared to CNY 125.276 million a year ago. Net income was CNY 124.805 million compared to CNY 106.123 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to CNY 0.21 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.