Revenue Update on Fuwei Films (Holdings) Co. Ltd(NASDAQ:FFHL)

Fuwei Films (Holdings) Co. Ltd(NASDAQ:FFHL) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Nov 28, 2016. Earnings per share were $-0.15.

Fuwei Films (Holdings) Co. Ltd (FFHL) made into the market gainers list on Tuesdays trading session with the shares advancing 1.55% or 0.0101 points. Due to strong positive momentum, the stock ended at $0.66, which is also near the day’s high of $0.6679. The stock began the session at $0.586 and the volume stood at 8,649 shares. The 52-week high of the shares is $1.27 and the 52 week low is $0.35. The company has a current market capitalization of $8.6 M and it has 1,30,62,500 shares in outstanding.

Fuwei Films (Holding) Co. Ltd. (Fuwei) develops manufactures and distributes plastic film using the biaxially oriented stretch technique otherwise known as biaxially oriented polyethylene terephthalate (BOPET) film. The film is suitable for flexible packaging printing laminating aluminum-plating and other applications. Its BOPET film is used in consumer based packaging such as the food pharmaceutical cosmetics tobacco and alcohol industries imaging such as printing plates and microfilms electronics and electrical industries such as wire and cable wrap capacitors and motor insulation as well as in magnetic products such as audio and video tapes. The Company markets its products under brand name Fuwei Films. The Company’s products include stamping and transfer film printing film metallized film base film for other applications and specialty film including High-gloss film Heat-sealable film Dry film Heat shrinkable and Chemically treated film.

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