Shandong Huatai Paper Industry Shareholding Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 3,904.251 million compared to CNY 2,584.180 million a year ago. Operating income was CNY 391.637 million compared to CNY 195.399 million a year ago. Net income was CNY 327.109 million compared to CNY 155.403 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.13 a year ago.