Shandong Sunpaper Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 08:32 am EDT
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Shandong Sunpaper Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 21,588.648 million compared to CNY 22,762.704 million a year ago. Operating income was CNY 2,321.805 million compared to CNY 2,503.146 million a year ago. Net income was CNY 1,953.110 million compared to CNY 2,178.118 million a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 0.84 a year ago. Diluted earnings per share from continuing operations was CNY 0.75 compared to CNY 0.82 a year ago.
SHANDONG SUN PAPER CO., LTD., formerly SHAN DONG SUN PAPER INDUSTRY JOINT STOCK CO., LTD., is a China-based company, principally engaged in the paper making business. The Company's main products include non-coated cultural paper, coated paper, household paper, laminating base paper and kraft paperboards. Its coated packaging paper boards are mainly applied in cigarette and liquor packaging, as well as home appliance packaging. The Company is also engaged in the generation and distribution of electric power, as well as the manufacturing and sale of steam, chemical-mechanical pulps and dissolving pulps. It distributes its products within domestic market and to overseas markets.
SHANDONG SUNPAPER CO., LTD. 
