On April 20, Jinchang Lanyu (832094) recently released the 2020 annual report, during the reporting period, the company achieved operating income of 137,249,208.31 yuan, down 11.99% year-on-year; net profit attributable to shareholders of listed companies was 19,421,278.22 yuan, down 12.46% year-on-year.
Net cash flow from operating activities during the Reporting Period was $19,130,563.44 and net assets attributable to shareholders of the listed company as of the end of 2020 were $181,181,757.19.
During the reporting period, the selling expense was RMB1,879,199.92, a decrease of 33.89% year-on-year: freight costs of RMB878,906.02 were adjusted to operating costs. Finance expenses increased by $1,847.36% year-on-year to $814,137.61: mainly due to interest income of $99,886.25, an increase of $75,512.54 year-on-year, exchange gains and losses of $832,818.17, or -$188,172.31, for the same period, and discounted interest expense on bills of $46,147.94, a decrease of $76,137.50 year-on-year.
According to the data of the digging shell network, the main business of Jinchang Lanyu is the research and 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
![Blue Yu Garden Hotel provides dining accommodation for left-behind babies throughout the process[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)