Guangdong Guanhao High-Tech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 16, 2021 at 03:09 pm IST
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Guangdong Guanhao High-Tech Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,439.745 million compared to CNY 2,594.768 million a year ago. Operating income was CNY 208.413 million compared to CNY 197.338 million a year ago. Net income was CNY 178.547 million compared to CNY 170.325 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.13 a year ago.
Guangdong Guanhao High-Tech Co Ltd is a China-based company mainly engaged in papermaking business. The Company's main products include thermal materials, adhesive sticker label materials, sublimation transfer paper, and carbonless paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others. The Company also provides a series of adhesive sticker products, mainly used in logistics, medicine and food processing and other fields. The Company also produces coated white cardboard, paper chemicals, and color printing. The Company mainly distributes its products in domestic and overseas markets.