Guangxi Fenglin Wood Industry Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 08:39 am
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Guangxi Fenglin Wood Industry Group Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,229.762 million compared to CNY 1,427.799 million a year ago. Operating income was CNY 107.459 million compared to CNY 131.197 million a year ago. Net income was CNY 107.308 million compared to CNY 132.558 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.12 a year ago.
Guangxi Fenglin Wood Industry Group Co., Ltd is a China-based company, principally engaged in the manufacture and sales of artificial boards. Its artificial boards mainly include fiber boards, plywood and shaving boards. The Company's fiber boards are mainly applied in furniture, wood floor buildings, decorations, middle and high cars and ship fitments, handicraft products, high grade loudspeaker boxes, instruments and electronics, among others. Its shaving boards are applied in furniture manufacture, interior finishing and architectural ornament. The Company is also engaged in forest management and restoration business, including growing trees planting, stock growing, as well as woods and stocks distribution.
GUANGXI FENGLIN WOOD INDUSTRY GROUP CO.,LTD 
