Fuwei Films (FFHL) Reports Q3 Loss of $0.08 on Revenues of $12.65M

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Go back to Fuwei Films (FFHL) Reports Q3 Loss of $0.08 on Revenues of $12.65M

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

November 27, 2018 4:30 PM EST

BEIJING, Nov. 27, 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 three and nine months ended September 30, 2018.

Third Quarter 2018 Financial Highlights

Net sales during the third quarter ended September 30, 2018 increased to RMB86.9 million or US$12.6 million from RMB73.9 million last year. Sales of specialty films were RMB45.3 million (US$6.6 million) or 52.2% of our total quarterly revenues. Gross... More