Xianhe Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 12, 2020 at 06:04 am EDT
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Xianhe Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,032.266 million compared to CNY 2,102.844 million a year ago. Operating income was CNY 330.246 million compared to CNY 148.208 million a year ago. Net income was CNY 282.430 million compared to CNY 130.755 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.48 compared to CNY 0.21 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. 
