Hinur Net Profit Increased By 30% In 2010

Hinur annual report shows that in 2010, operating income reached 1 billion yuan, an increase of 18% over the same period last year. Net profit was 143 million yuan, an increase of 29.4% over the same period last year; the basic earnings per share were 0.88 yuan; and every 10 shares were granted a cash dividend of 5 yuan (including tax).

The company achieved a total revenue of 227 million yuan in the first quarter of this year, an increase of 14.55% over the same period last year, and realized a net profit of 33 million 920 thousand yuan, an increase of 104.57% over the same period last year, and a basic earnings per share of 0.17 yuan.

The biggest highlight of the quarterly report is that the top ten tradable shareholders are all institutions, with a total shareholding of 15 million 580 thousand shares, accounting for 31% of the total market share.

It is worth mentioning that 7 of them are newly established institutions, and the shares held in the first quarter were absorbed in the two market, which amounted to 10 million 290 thousand shares.

The remaining 3 institutions, Xinhua preferred, southern merit and GF [0.80-0.61%] were stationed in the fourth quarter of 2010 and continued in the first quarter of 2011.

However, the performance of the company's two tier market is not "giving strength". Since the peak of 31.75 yuan in late 2010, it has been turning down all the way. It is still in the low position since the listing of the company and hovered between 23 yuan and 24 yuan in the interval.

Therefore, based on the analysis of the trend of the stock price range,

Hinur also disclosed that, in order to expand the construction of the sales network, the company intends to use 21 million 507 thousand and 600 yuan to buy the flagship store in Zaozhuang.