Oriental Haichuan's profit in 2019 was 4.3966 million, down 23% and actively explored foreign markets

According to the 2019 annual report recently released by Dongfang Haichuan (871864) on April 24, the operating income in 2019 was 104,830,276.57 yuan, an increase of 6.80% over the same period of the previous year; the net profit attributable to the shareholders of the listed company was 4,396,555.44 yuan, a decrease of 23.33% over the same period of the previous year; the basic earnings per share was 0.16 yuan, compared with 0.36 yuan in the same period of the previous year.

As of 2019, the total assets of Oriental Haichuan were RMB180,770,658.09, an increase of 6.90% over the beginning of the period. Net cash flow from operating activities was $3,090,779.99 for the current period, compared to -$2,322,068.54 for the same period last year.

It is understood that during the reporting period, the company through the implementation of lean management, combing business processes, production line process improvement, and constantly deepen internal control, reduce costs and expenses; adopt a prudent attitude towards customer selection, control business risks, to ensure the sustainable and healthy development of the enterprise. In addition, through rational layout, we will actively explore foreign markets and reduce the risk of dependence on regional markets. At the end of the reporting period, the company's total assets were 180,770,658.09 yuan, an increase of 6.90% over the end of the previous year; total liabilities were 133,939,405.07 yuan, an increase of 5.75% over the end of the previous year; total net assets were 46,797,448.20 yuan, an increase of 10.37% over the end of the previous year; operating profit was 4,213,495.33 yuan, down 33.65% from the end of the previous year, and the net cash flow from operating activities was 3. RMB090,779.99, an increase of 233.10% over the end of the previous year, and net profit attributable to shareholders of listed companies was RMB4,396,555.44, down 23.33% from the end of the previous year.

According to the data of the New Three Board Research Institute, Dongfang Haichuan is a professional contracting enterprise engaged in the research and development, design, production and construction of building energy-saving doors, windows and curtain wall products, and its products mainly include broken bridge aluminum alloy doors and windows, plastic steel doors and windows, wood-aluminum/aluminum composite doors and windows, solid wood doors and windows, glass curtain walls, stone curtain walls, metal panel curtain walls and new curtain walls, etc. The products are widely used in residential, commercial, school, hospital, factory and other buildings.

This article originated from the digging shell network