Xiamen Hexing Packaging Printing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:07 am EDT
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Xiamen Hexing Packaging Printing Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,908.86 million compared to CNY 3,748.5 million a year ago. Revenue was CNY 3,908.86 million compared to CNY 3,748.5 million a year ago. Net income was CNY 52.34 million compared to CNY 61.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.05 a year ago.
Xiamen Hexing Packaging Printing Co., Ltd is a China-based company principally engaged in research, development, design, manufacture, sales and services of corrugated cartons, cardboards and buffer packaging materials. The Company's major products include high and mid grade corrugated cases and corrugated boards, colorful boxes, books and magazines, as well as cushion packaging materials, including extruded polyethylene (EPE) materials, honeycomb products and pulp molding products, among others. The Companyâs products are applied in packaging of electronic products, household electrical appliances and food, among others. The Company distributes its products mainly in domestic market.