Xianhe Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 09, 2019 at 05:53 pm EDT
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Xianhe Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 4,097.768 million compared to CNY 3,047.081 million a year ago. Operating income was CNY 331.756 million compared to CNY 440.708 million a year ago. Net income was CNY 292.406 million compared to CNY 398.824 million a year ago. Basic earnings per share from continuing operations was CNY 0.49 compared to CNY 0.73 a year ago.
Xianhe Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of specialty papers. The Company's main products include paper used in tobacco industry, paper used in home decorating, paper used in business communications and anti-counterfeiting, paper used in food and medical packaging, paper used in labels, electrical and industrial paper, paper used in thermal transfer, low quantitative publishing printing paper and others. The Company mainly distributes its products within domestic market.
XIANHE CO.,LTD. 
