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    Huafu Color Spinning First Quarter Net Profit Increased By 13.58%

    2014/5/8 20:31:00 57

    Huafu Color SpinningFirst Quarter Net Profit

    < p > > a href= "http://www.91se91.com/news/index_c.asp" > Hua Fu color spinning < /a > issued a performance report a few days ago. The company achieved a revenue of 1 billion 591 million yuan in the first quarter, an increase of 5.5% compared with the same period last year, and realized net profit of 50 million 328 thousand and 700 yuan, an increase of 13.58% compared with the same period last year, basically in line with the expectation.

    < /p >


    < p > last year, the company's a href= "http://www.91se91.com/news/index_c.asp" > net profit < /a > increased by 1.2 times, which resulted from the improvement of gross margin and the low base. Before the consumption of high priced stocks, the company's performance declined significantly.

    However, the fluctuation of cotton prices in the fourth quarter of last year has affected the price of the company's products, and Maori failed to continue the trend of raising the season by season.

    < /p >


    < p > the company said that in the first half of the year, the net profit increased by 10%-20% compared with the three main factors, such as the contribution of cost reduction to gross profit margin, the contribution of cost reduction to operating profit and the increase of non main profit in the same period.

    < /p >


    < p > the company's responsible person said earlier that Vietnam's subsidiaries are in the process of business registration and strive for production in the fourth quarter of this year.

    Jiujiang's 100 thousand high-end new color spun yarn and matching projects will reach production in the first half of this year and contribute to profits.

    The company's current operating rate is one hundred percent, and the order is good.

    < /p >


    < p > Hua Fu color spinning has recently launched the < a href= "http://www.91se91.com/news/index_c.asp" > equity incentive /a < > the exercise conditions include: Taking 2013 as the base year, 2014, 2015 and 2016, the revenue growth rate is not less than 10%, 20%, 30%, respectively, and the net profit growth rate is not less than 20%, 40%, 60%, respectively.

    Galaxy Securities analyst pointed out in the research report, the company is in the next 3 years stock price bottom, the performance bottom stage, once the gross profit rate returns to the normal level, plus 50% above capacity expansion, the achievement will present the huge elasticity.

    < /p >


    < p > related links: < /p >


    < p > in Quanzhou, it is not the first week that Yi is used to preserve key industries in a creative park.

    Jinjiang Hongshan cultural and creative park has been incorporated into the Jinjiang industrial revitalization plan. Its core launch area, Jinjiang international industrial design garden, has injected new impetus to Jinjiang's industrial pformation and upgrading. It is reported that since the launch of the project, 37 design companies and universities including the Department of dress design of Tsinghua University have been introduced, the Jinjiang branch of the China leather and footwear industry research institute, the national textile and garment product quality supervision and Inspection Center (Fujian) Jinjiang sub center laboratory, two "Guo Zi" research institutes, and 12 media business enterprises to enter the park.

    Among them, industrial design enterprises have reached the cooperation intention with more than 200 local enterprises in Jinjiang, and will pform the design results into productive forces.

    < /p >


    < p > in addition, the carving culture creative park in Huian has played the role of guiding the upgrading and pformation of traditional stone carving industry, and has extended the industrial chain of Huian stone carving industry.

    The creative park is based on the original industry in Huian, focusing on cultivating stone carving, wood carving, jade carving, tombstone processing, stone carving stone machinery and other leading industries, aiming at some small and micro enterprises, and has also built a standard factory building as an incubator base.

    Huian carving culture creative park combines Huian coastal tourism resources to achieve the integration of creative research and development and leisure tourism.

    < /p >


    < p > culture and creativity join hands with industry. Cultural creativity helps to break the cocoon of traditional industries and become the standard of every county in Quanzhou.

    According to the relevant departments, the output value of Quanzhou's cultural industry will account for 8% of the gross national product in five years. The mixture industry is not only a icing on the cake, but a deeper integration between you and me.

    < /p >

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