Shanghai Haishun New Pharmaceutical Packaging Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 06:30 pm IST
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Shanghai Haishun New Pharmaceutical Packaging Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 493.688 million compared to CNY 457.071 million a year ago. Operating income was CNY 94.460 million compared to CNY 55.093 million a year ago. Net income was CNY 78.508 million compared to CNY 51.978 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.33 a year ago. Diluted earnings per share from continuing operations was CNY 0.5 compared to CNY 0.34 a year ago.
HySum Flexibles Global Inc is a China-based company principally engaged in the business of new pharmaceutical packaging materials. The Company's main pharmaceutical products are flexible packaging materials and hard packaging materials. Flexible packaging materials mainly include cold stamping composite hard sheets, aluminum foil for pharmaceutical blister packaging (PTP aluminum foil), composite films for pharmaceutical packaging (SP composite films), medical devices Packaging composite film, raw material medicine bags and other soft packaging materials, hard packaging materials mainly include Polyvinyl Chloride (PVC), PVC/ Polyvinylidene chlorid (PVDC), PVC/polychlorotrifluoroethylene, plastic bottles, medicinal aluminum Plastic lids, precision dosing devices and other rigid packaging materials. The Company's products are mainly used for packaging tablets, pills, capsules, granules, powders, suppositories and others.