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Petty's first half performance forecast: net profit 20-40 million | Pet Briefing

author:Pet businessman

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Petty's first half performance forecast: net profit 20-40 million | Pet Briefing

Issue 635, July 12, 2019

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Petty's first half performance forecast: net profit of 20-40 million

Petty's first half performance forecast: net profit 20-40 million | Pet Briefing

On July 11, Petty announced the first half of 2019 performance forecast, is expected to be in the half year net profit in the range of 20 million to 40 million yuan, down 58.92% -70.66% from the same period last year (68.1582 million yuan).

Speaking of less than expected earnings, Petty said that the decline in net profit compared with the same period last year was mainly due to:

(1) Received a higher amount of government subsidies of 7.7959 million yuan in the same period of the previous year;

(2) Compared with the same period of the previous year, the equity incentive expense increased by 18.4412 million yuan in the reporting period;

(3) During the reporting period, the prices of some raw materials have risen significantly;

(4) During the reporting period, the investment cost of domestic market development increased significantly compared with the same period of the previous year;

(5) In addition, during the reporting period, the impact of non-recurring gains and losses on net profit is expected to be approximately RMB2.9 million.

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Qingdao Customs Has Seized Illegal entry of "New Pets" for Many Times

Petty's first half performance forecast: net profit 20-40 million | Pet Briefing

Recently, Qingdao Post Office Customs seized a number of new pets that had entered the country illegally by mail, including fourteen African yellow-clawed scorpions in a package from the United Kingdom. This scorpion is large, aggressive, and highly toxic. According to the relevant regulations, live animals are prohibited from being mailed into the country, and these mails have been temporarily detained.

Image source: Network

Text: Potatoes