laitimes

Haili shares' net profit in 2020 fell by 43.05% Interest expense increased

author:Finance

On April 29, Haili Co., Ltd. (600619) recently released its 2020 annual report, and during the reporting period, the company achieved operating income of 11,072,523,482.86 yuan, down 8.79% year-on-year; the net profit attributable to shareholders of listed companies was 162,510,516.03 yuan, down 43.05% year-on-year.

Net cash flow from operating activities during the reporting period was $345,187,967.16 and net assets attributable to shareholders of the listed company as of the end of 2020 were $4,510,572,071.02.

In 2020, the company achieved operating income of 11.073 billion yuan, down 8.79% from the same period of the previous year; net profit attributable to shareholders of listed companies was 163 million yuan, down 43.05% from the same period of the previous year.

Financial expenses increased by 84.15% over the same period last year, mainly due to the need to supplement working capital borrowings and low-reputation bill discounting in the current period, increasing interest expense by 24.27 million yuan, while controlling the balance of monetary funds and reducing supplier discounts, reducing interest income by 7.03 million yuan and increasing exchange losses by 8.82 million yuan.

According to the announcement, the remuneration of directors, supervisors and senior management during the reporting period totaled 8.227 million yuan. Chairman Dong Yihua did not receive remuneration in the company, director and general manager Zhuang Hua received a total of 1.337 million yuan in pre-tax remuneration from the company, yuan yuan, deputy general manager and head of finance, received a total of 962,000 yuan in pre-tax remuneration from the company, and Luo Min, deputy general manager and secretary of the board of directors, received a total of 844,000 yuan in pre-tax remuneration from the company.

According to the data of the digging shell network, the main business of Haili Co., Ltd. is engaged in the research and development, production and sales of refrigeration rotor compressors, electric scroll compressors for vehicles and refrigeration motors.

This article originated from the digging shell network