Baoding Hozhong Hygiene Products Co.,Ltd.

OEM/ODM

International Toilet Paper

24-10-2019

International Paper's second quarter earnings report for the second quarter of 2019 showed overall net sales of $5.667 billion, a slight decline from the second quarter of 2018 ($5.833 billion). The actual net income was $334 million (real income in the second quarter of 2018 was $490 million). Among them, the packaging component contributed 3.864 billion US dollars to net sales, which was slightly lower than the US$ 4.022 billion in the same period of 2018.


International Paper Chairman and CEO Mark Sutton said in the second quarter: "International Paper has shown strong growth in the second quarter of this year, and various business are booming. We will continue to maintain such a good management style and cost control. At the same time, based on this profit, we returned nearly $430 million to shareholders through dividends and share repurchases. In the third quarter, International Paper will continue to leverage its strengths and flexibility. Do your best in today's challenging business environment."


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