Huangshan Novel Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 04:33 am EDT
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Huangshan Novel Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,943.159 million compared to CNY 1,856.314 million a year ago. Operating income was CNY 249.038 million compared to CNY 217.340 million a year ago. Net income was CNY 216.345 million compared to CNY 184.913 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to CNY 0.37 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.