Huangshan Novel Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 10:32 am
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Huangshan Novel Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 723.99 million compared to CNY 723.08 million a year ago. Revenue was CNY 723.99 million compared to CNY 723.08 million a year ago. Net income was CNY 65.18 million compared to CNY 60.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.1 a year ago.
HUANGSHAN NOVEL CO.,LTD is China-based company engaged in the manufacture and distribution of packaging materials. The Company provides color composite packaging materials, vacuum aluminized packaging materials and plastic flexible packaging films, which are used in food packaging, daily-use chemical products packaging, pharmaceutical packaging, agrochemical packaging, construction materials packaging and electronic products packaging, among other applications. The Company is also engaged in the manufacture of ink. The Company distributes its products in domestic markets, as well as to overseas markets.