- Fuwei Films (Holdings) Co Ltd (NASDAQ:FFHL) reported second-quarter FY21 sales growth of 21.4% year-on-year, to RMB100.6 million ($15.60 million).
- Specialty films sales increased 43.5% Y/Y, and overseas sales rose 78.7%.
- Gross profit gained 15.7% Y/Y to RMB39.9 million ($6.2 million), with a gross profit rate of 39.6%, a contraction of 200 basis points.
- The operating margin was 25.7%, and operating income for the quarter rose 64.9% to RMB25.9 million ($4.01 million).
- The company held RMB176.1 million ($27.3 million) in cash and equivalents as of June 30, 2021.
- Cash provided by operating activities for the six months totaled RMB19.98 million ($3.1 million).
- EPS was RMB6.06 ($0.94).
- Price Action: FFHL shares closed higher by 5.68% at $10.04 on Thursday.
5 Stocks To Watch For August 20, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Deere & Company (NYSE: DE) to report quarterly earnings at $4.57 per share on revenue of $10.30 billion before the opening bell. Deere shares rose 0.1% to $359.40 in after-hours trading.
