Guangdong Guanhao High-Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 08:29 am EDT
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Guangdong Guanhao High-Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 641.242 million compared to CNY 465.648 million a year ago. Operating income was CNY 32.042 million compared to CNY 26.132 million a year ago. Net income was CNY 27.920 million compared to CNY 23.604 million a year ago. Basic earnings per share from continuing operations was CNY 0.022 compared to CNY 0.0187 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.
GUANGDONG GUANHAO HIGH-TECH CO., LTD. 
