Shantou Wanshun New Material Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:58 am EDT
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Shantou Wanshun New Material Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,408.387 million compared to CNY 1,067.513 million a year ago. Operating income was CNY 11.245 million compared to operating loss of CNY 20.822 million a year ago. Net income was CNY 7.085 million compared to net loss of CNY 6.232 million a year ago. Basic earnings per share from continuing operations was CNY 0.0105 compared to basic loss per share from continuing operations of CNY 0.0092 a year ago. Diluted earnings per share from continuing operations was CNY 0.0084 compared to diluted loss per share from continuing operations of CNY 0.0089 a year ago.
Shantou Wanshun New Material Group Co., Ltd. formerly SHANTOU WANSHUN PACKAGE MATERIAL STOCK CO., LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of paper packaging materials, aluminum foil and functional film. The Company's main products consist of transfer paper, composite paper, high-precision aluminum foil, conductive film and energy saving film, among others. The Company distributes its products in domestic market and to overseas markets.