Mudanjiang Hengfeng Paper Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 31, 2020 at 06:49 am EDT
Share
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.
MUDANJIANG HENGFENG PAPER CO., LTD is a China-based company principally engaged in the manufacture and distribution of paper, pulp and paper products. The Company's main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper, bible paper and others, as well as chopsticks wrapping paper, straw wrapping paper, high-energy alkaline battery separator paper, paper tea bags and other specialty industrial paper. The Company distributes its products within domestic market and to overseas markets.