Fujian Qingshan Paper Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 11:23 pm IST
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Fujian Qingshan Paper Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 691.909 million compared to CNY 402.440 million a year ago. Operating income was CNY 68.980 million compared to operating loss of CNY 12.288 million a year ago. Net income was CNY 60.613 million compared to net loss of CNY 17.477 million a year ago. Basic earnings per share from continuing operations was CNY 0.0265 compared to basic loss per share from continuing operations of CNY 0.0076 a year ago.
Fujian Tsingshan Paper Co Ltd is a comprehensive papermaking company integrating pulping, papermaking, power generation and heat supply, alkali recovery, medicine, optoelectronics, and raw material forest base development. The Company is mainly engaged in the production and sales of bamboo and wood pulp, pulp (dissolving pulp), paper bag paper, paper products, optoelectronic products, pharmaceutical products, forest products and other products and their trade operations. The Company's main products are Qingshan brand series of stretchable bag paper, kraft wrapping paper, dissolving pulp and other products. The company's products are sold all over the China and in international markets.
FUJIAN QINGSHAN PAPER INDUSTRY CO., LTD. 
