Hongbo Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 03:46 pm IST
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Hongbo Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 163.071 million compared to CNY 77.406 million a year ago. Operating income was CNY 26.340 million compared to operating loss of CNY 19.785 million a year ago. Net income was CNY 12.458 million compared to net loss of CNY 16.171 million a year ago. Basic earnings per share from continuing operations was CNY 0.0253 compared to basic loss per share from continuing operations of CNY 0.0325 a year ago.
HONGBO CO., LTD. is a China-based company principally engaged in the printing of commercial bills. The Company's main products are heat sensitive paper tickets, general paper tickets and packaging office used paper products, including tax bill series, certificate series, lottery ticket series, direct mail series, flat adhesive sticker labels, roll adhesive sticker labels, books and magazines, liquor box packages, food packages, cosmetics packages, as well as medicine packages, among others. The Company distributes its products within domestic and overseas markets.