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In the first half of 2017, Black Shield's revenue was 66.96 million yuan, and a net income of 11.1 million yuan

According to the news on September 8, The first half of 2017 report released by Black Shield Co., Ltd. (839800) shows that as of June 30, 2017, the operating income in the first half of 2017 was 66.96 million yuan, an increase of 12.28% over the same period of the previous year; the net profit attributable to the shareholders of the listed company was 11.0993 million yuan, an increase of 156.53% over the same period of the previous year; and the basic earnings per share was 0.22 yuan, compared with 0.16 yuan in the same period of the previous year.

As of June 30, 2017, the total assets of Black Shield shares were 150 million yuan, an increase of 13.34% over the beginning of the current period. The asset-liability ratio was 53.89%, down 2.24 percentage points from 56.13% at the beginning of the period. Net cash flow from operating activities was -$860,000 for the current period, compared to $336,900 for the same period last year.

During the reporting period, Black Shield co., Ltd. optimized the organizational structure while strengthening the construction of the workforce. The company has arranged job training, corporate culture training, management skills training, and various management system training that match each position. Through a series of studies, the quality of technical personnel, management personnel and grass-roots employees has been comprehensively improved, which is conducive to the effective development of the company's production and operation and cultural construction. At the same time as talent training, the company grasps every achievement of information technology, and actively uses ERP, OA, bar code management and other information means to continuously improve the operation and management level of enterprises.

According to the data of the New Third Board Research Institute, the main business of Black Shield Co., Ltd. is to develop, produce, sell precision temperature control energy-saving equipment and other supporting products for communication and industrial purposes, and provide related technical services.

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