Mudanjiang Hengfeng Paper Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 01:19 pm IST
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Mudanjiang Hengfeng Paper Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,376.249 million compared to CNY 1,276.813 million a year ago. Operating income was CNY 147.483 million compared to CNY 113.003 million a year ago. Net income was CNY 104.170 million compared to CNY 81.222 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.27 a year ago.
MUDANJIANG HENGFENG PAPER CO., LTD is a China-based company principally engaged in the manufacture and distribution of paper, pulp and paper products. The Company's main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper, bible paper and others, as well as chopsticks wrapping paper, straw wrapping paper, high-energy alkaline battery separator paper, paper tea bags and other specialty industrial paper. The Company distributes its products within domestic market and to overseas markets.