Guangxi Fenglin Wood Industry Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:12 pm IST
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Guangxi Fenglin Wood Industry Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 390.719 million compared to CNY 143.842 million a year ago. Operating income was CNY 17.448 million compared to operating loss of CNY 12.241 million a year ago. Net income was CNY 17.786 million compared to net loss of CNY 11.630 million a year ago. Basic earnings per share from continuing operations was CNY 0.016 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
Guangxi Fenglin Wood Industry Group Co., Ltd is a China-based company, principally engaged in the manufacture and sales of artificial boards. Its artificial boards mainly include fiber boards, plywood and shaving boards. The Company's fiber boards are mainly applied in furniture, wood floor buildings, decorations, middle and high cars and ship fitments, handicraft products, high grade loudspeaker boxes, instruments and electronics, among others. Its shaving boards are applied in furniture manufacture, interior finishing and architectural ornament. The Company is also engaged in forest management and restoration business, including growing trees planting, stock growing, as well as woods and stocks distribution.
GUANGXI FENGLIN WOOD INDUSTRY GROUP CO.,LTD 
