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Jinchang Lanyu's net profit in the first half of 2021 was 9.7885 million, a decrease of 12.77% In this period, it will no longer enjoy the pension insurance reduction policy

author:Finance

On August 17, Jinchang Lanyu (832094) recently released the 2021 semi-annual report, during which the company achieved operating income of 82,622,934.78 yuan, an increase of 32.63% year-on-year; the net profit attributable to the shareholders of the listed company was 9,788,505.76 yuan, a year-on-year decrease of 12.77%.

Net cash flow from operating activities during the Reporting Period was RMB1,085,771.62 and net assets attributable to shareholders of the listed company were RMB182,970,262.95.

Operating income increased by 32.63%: due to an increase in sales orders.

During the reporting period, the net profit was 9,788,505.76 yuan, down 12.77% year-on-year. Compared with the first half of 2020, the purchase price of major raw materials in the current period increased by 59.36%, copper rose by 44%, and tungsten rose by 4.73%; due to the impact of the new crown epidemic in the first half of 2020, the government implemented policy-based payment reductions such as pension insurance during the epidemic period, and the current period no longer enjoyed the reduction policy, so it also had an impact on the profit of the current period; if it was compared with the net profit of 8,070,799.80 yuan in the first half of 2019, which was better operated, it increased by 21.28%.

According to the data of the digging shell network, Jinchang Lanyu is one of the largest manufacturers of electric contacts for high-voltage switching in China, and its main business is the development of tungsten copper alloys for high-voltage and ultra-ultra-high voltage switches in the field of power transmission and transformation equipment, as well as copper-based alloy electric contacts, tentacles, conductors and structural parts.

This article originated from the digging shell network

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