Mudanjiang Hengfeng Paper Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 08:51 am
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Mudanjiang Hengfeng Paper Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 382.682 million compared to CNY 475.735 million a year ago. Operating income was CNY 26.313 million compared to CNY 35.859 million a year ago. Net income was CNY 15.930 million compared to CNY 24.758 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.08 a year ago.
MUDANJIANG HENGFENG PAPER CO., LTD is a China-based company principally engaged in the manufacture and distribution of paper, pulp and paper products. The Company's main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper, bible paper and others, as well as chopsticks wrapping paper, straw wrapping paper, high-energy alkaline battery separator paper, paper tea bags and other specialty industrial paper. The Company distributes its products within domestic market and to overseas markets.
MUDANJIANG HENGFENG PAPER CO.,LTD 
