Fuwei Films (FFHL) Swings to Q4 Loss

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Go back to Fuwei Films (FFHL) Swings to Q4 Loss

Fuwei Films Announces Fourth Quarter and Full Year 2014 Financial Results

April 9, 2015 4:01 PM EDT

BEIJING, April 9, 2015 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced its financial results for the fourth quarter and full year ended December 31, 2014.

Fuwei Films2014 Highlights

Net revenues of RMB284.5 million or US$45.8 million. Net cash used in operating activities was RMB18.2 million or US$2.9 million. Successful acceptance by four customers of sample diffusion film (a type of TFT-LCD optical film) from the third production line... More