Putai Environmental Protection's net profit in 2020 increased by 38.09% Investment income increased

On April 10, Putai Environmental Protection (839410) recently released its 2020 annual report, during which the company achieved operating income of 67,891,727.53 yuan, an increase of 25.76% year-on-year; net profit attributable to shareholders of listed companies was 11,071,697.56 yuan, an increase of 38.09% year-on-year.

Net cash flow from operating activities during the Reporting Period was $14,192,178.77 and net assets attributable to shareholders of the listed company as of the end of 2020 were $48,775,235.68.

The operating profit during the reporting period increased by 45.09% over the previous year, due to the company's operating income increased by 25.76% year-on-year, and the company implemented effective control measures on costs and expenses.

The net profit during the reporting period increased by 39.41% over the previous year, due to the company's continuous market expansion and good results, and the company's implementation of better control over costs and expenses.

Finance expenses for the period were RMB1,056,276.82, compared to RMB752,725.48 in the same period last year, an increase of 40.33% year-on-year. Investment income during the period was RMB899,656.34, compared to RMB686,533.05 in the same period last year, an increase of 31.04% year-on-year.

According to the data of the digging shell network, the main business of Putai Environmental Protection is the research and development, production and sales of domestic drinking water and sewage treatment agents.

This article originated from the digging shell network