Fujian Qingshan Paper Industry Co., Ltd. Provides Earnings Guidance for 2018
January 29, 2019
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Fujian Qingshan Paper Industry Co., Ltd. provided earnings guidance for 2018. For the period, the company predicts an increase of between RMB 42 million and RMB 58 million in its net profit owned by shareholders of the listed company compared with the same period of the year before, with a year-on-year increase of between 40% and 55%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 47.47 million and RMB 63.47 million compared with the same period of the year before, with a year-on-year increase of between 70% and 93%.
Fujian Qingshan Paper Industry Co Ltd is a comprehensive papermaking company integrating pulping, papermaking, power generation and heat supply, alkali recovery, medicine, optoelectronics and raw material forest base development. The Companyâs business is mainly engaged in the production and sales of bamboo and wood pulp, pulp (dissolving pulp), paper bag paper, paper products, optoelectronic products, pharmaceutical products, forest products and other products and trade operations. The Company's main products are Qingshan brand series of stretchable bag paper, kraft wrapping paper, dissolving pulp, Shuixian brand essential balm and other products. The Company mainly conducts its businesses in the domestic market and overseas markets.