News on September 12, Oriental Haichuan (871864) recently released the 2017 semi-annual report shows that the operating income in the first half of 2017 was 34.1306 million yuan, an increase of 20.16% over the same period of the previous year; the net profit attributable to the shareholders of the listed company was 2.8161 million yuan, an increase of 2036.69% over the same period of the previous year; the basic earnings per share was 0.23 yuan, compared with 0.01 yuan in the same period of the previous year.
As of the first half of 2017, the total assets of Oriental Haichuan were 138 million yuan, a decrease of 14.16% from the beginning of the current period, and the asset-liability ratio was 85.11%, a decrease of 3.86 percentage points compared with 88.97% at the beginning of the current period. Net cash flow from operating activities was -5.2239 million yuan for the current period, compared with 385,600 yuan in the same period last year.
During the reporting period, the net cash flow generated by oriental haichuan operating activities was -5.2239 million yuan in the current period, compared with 385,600 yuan in the same period of the previous year; the main reason was the increase in the sales scale of the current period, resulting in an increase in the payment of materials and installation costs to suppliers.
According to the data of the New Three Board Research Institute, Dongfang Haichuan is a professional contracting enterprise engaged in the research and development, production and construction of building energy-saving doors, windows and curtain wall products, and the 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 wall, stone curtain wall, metal panel curtain wall and new type of curtain wall, etc., and the products are used in residential, commercial, school, hospital, plant and other buildings.
Some important matters during the reporting period:
