Fuwei Films (FFHL) Reports Q4 EPS of $0.46

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Go back to Fuwei Films (FFHL) Reports Q4 EPS of $0.46

Fuwei Films Announces Fourth Quarter and Full Year 2019 Financial Results

April 28, 2020 4:15 PM EDT

BEIJING, April 28, 2020 /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, 2019.

4Q 2019 Highlights

Net revenues were RMB86.8 million or US$12.5 million, down 3.7% year-over-year. Sales of specialty films were RMB47.7 million or US$6.9 million, up 19.8% year-over-year. Gross margin was 35.7%, compared to 23.7% a year ago. Basic and diluted profit per... More