Fuwei Films (FFHL) Reports Q1 EPS of $0.56

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Fuwei Films Announces Its Unaudited Financial Results for the First Quarter of 2020

June 22, 2020 4:15 PM EDT

BEIJING, June 22, 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 unaudited financial results for the first quarter of 2020 ended March 31, 2020.

First quarter highlights

Net sales during the first quarter ended March 31, 2020 were RMB83.2 million (US$11.8 million), up from RMB81.1 million during the same period in 2019, representing an increase of RMB2.1 million or 2.6%. Sales of specialty films were RMB39.9 million (US$5.6... More