Mudanjiang Hengfeng Paper Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,756.045 million compared to CNY 1,610.931 million a year ago. Operating income was CNY 119.198 million compared to CNY 90.090 million a year ago. Net income was CNY 89.422 million compared to CNY 66.794 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.22 a year ago.