Fuwei Films (FFHL) Reports Q1 Loss of $0.40 on Revenues of $12.3M

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Fuwei Films Announces Its Unaudited Financial Results for the First Quarter of 2018

June 14, 2018 4:01 PM EDT

-Teleconference to be Held on Friday, June 15, 2018 at 9:00 am EDT

BEIJING, June 14, 2018 /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 2018 ended March 31, 2018.

Highlights

Net sales increased 13.3% to RMB76.9 million or US$12.3 million during the first quarter ended March 31, 2018 compared to the same period in 2017 Specialty film sales accounted for 42.8% of total... More