Guangdong Guanhao High-Tech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 01:29 pm IST
Share
Guangdong Guanhao High-Tech Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,722.361 million compared to CNY 1,873.630 million a year ago. Operating income was CNY 121.082 million compared to CNY 109.519 million a year ago. Net income was CNY 102.990 million compared to CNY 92.597 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 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.