Sifangda: Revenue growth stable depreciation fees increased significantly, resulting in a decline in gross profit margin
In the first half of 2012, the company achieved a total operating income of 59.29 million yuan, an increase of 13%; realized operating profit of 14.23 million yuan, an increase of 2%; realized total profit of 18.47 million yuan, a year-on-year decrease of 12%; realized attributable to shareholders of listed companies The net profit of non-recurring gains and losses was 13.59 million yuan, an increase of 11% year-on-year. In the first half of the year, the company increased its marketing efforts. However, due to the impact of the economic environment and real estate, the downstream demand for products such as tool composites was limited. 2) The development of new products such as HR oil tablets is still in progress and has not contributed revenue for the time being. As a result, revenues in the first half of the year increased only slightly by 13% year-on-year. Based on domestic and foreign markets, the company implemented a solid marketing strategy and actively expanded the market share of new products. Domestic and international sales increased by 11.5% and 14.8% respectively. Gross profit margin continued to decline. Depreciation and commissioning fees have increased significantly due to the investment in new plants and equipment. Sifang’s net profit for the first half of the year decreased by 5.31% year-on-year. In the first half of the year, the company achieved operating income of 59.286 million yuan, a year-on-year increase of 13.02%, mainly due to the increase in orders during the reporting period; operating costs increased by 28.20% year-on-year, mainly due to increased costs and increased depreciation expenses due to the use of new plants and new equipment; Operating profit was 14.22.49 million yuan, up 2.41% year-on-year; total profit was 18.4515 million yuan, down 11.65% year-on-year; net profit attributable to shareholders of listed company was 171.919 million yuan, down 5.31% year-on-year; achieving EPS0.20 yuan, deducting non-recurring After the profit and loss of EPS 0.16 yuan, non-recurring gains and losses mainly received government subsidies of 4.24 million yuan. In terms of quarterly results, the second quarter results decreased compared with the first quarter, mainly due to the increase in research and development expenses and the decline in government subsidies. In the first half of the year, the company invested a total of 5.351 million yuan in research and development, an increase of 21.55% over the same period of last year; while the government subsidies received during the same period fell by 40%, the government subsidies in the second quarter were 1,543,800 yuan, a year-on-year decrease of 76.11%, a decrease of 42.75%.
CH Hardware,Air Support,Furniture Accessories
Shenzhou Yuye Housewares Co., Ltd. , http://www.fs-curtainrod.com