Fuwei Films (FFHL) Reports Q1 Loss of RMB0.92/Share

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Go back to Fuwei Films (FFHL) Reports Q1 Loss of RMB0.92/Share

Fuwei Films Announces Its Unaudited Financial Results for the First Quarter of 2016

May 19, 2016 5:01 PM EDT

BEIJING, May 19, 2016 /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 unaudited financial results for the first quarter of 2016 ended March 31, 2016.

Highlights

Net sales during the first quarter ended March 31, 2016 were RMB62.1 million or US$9.6 million, compared to RMB52.8 million during the same period in 2015, representing an increase of RMB9.3 million or 17.6%.

Net loss attributable to the Company during the first quarter ended March 31, 2016 was... More