Fuwei Films (FFHL) Reports Q2 EPS of $0.61 on Revenues of $11.7M

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

September 3, 2020 4:15 PM EDT

BEIJING, Sept. 3, 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 second quarter of 2020 ended June 30, 2020.

Second Quarter 2020 Financial Highlights

Net sales during the second quarter ended June 30, 2020 were RMB82.9 million (US$11.7 million), compared to RMB88.1 million during the same period in 2019. Sales of specialty films were RMB48.1 million (US$6.8 million) or 58.0% of our total revenues as compared to RMB42.0... More