The Net Profit Of Four Leather Listed Companies Has Declined To Varying Degrees.
With the annual reports coming out, the quarterly reports in 2016 were also released.
However, from the first quarter report released by four listed companies, the decline of enterprises has not been improved, and four enterprises have been improved.
Leatherwear
Net profit of listed companies has declined to varying degrees.
In April 25th, Xingye Technology (002674) issued a quarterly report. The company achieved operating income of 426 million yuan in 2016, 1-3, an increase of 28.76% over the same period last year.
Spin
The average operating profit growth rate of manufacturing industry was -0.96%. The company's revenue in the quarter decreased by 38.57% compared with the previous quarter. The net profit attributable to shareholders of listed companies was 770 thousand yuan, down 75.73% compared to the same period last year, and the profit of the company's share price was reduced to 94.03%.
In April 26th, 01058.HK released its financial information for three months in March, earning 98 million 940 thousand yuan, down 39.2% year on year.
The loss expanded from 3 million 770 thousand yuan to 12 million 320 thousand yuan in the same period last year, mainly affected by the drop in volume and price, the decrease in gross profit margin and the depreciation of the renminbi.
Worth shares (002494) released the 1 quarterly report in April 27, 2016. The cash flow from operating income / attributable to the listed company's net profit / business activities was 110 million 760 thousand yuan /794, /-1842 million yuan, -16.16%/-26.18/-186.47% yuan, which was lower than that of the same period last year.
The company's 1 quarter profit decrease was mainly due to the decline in the Russian economy, which led to a larger decline in export business.
Russia is
Fur products
Consuming countries account for about 45% of global consumption.
International demand is not stable.
In April 29th, 00496.HK announced a loss of 5 million 852 thousand yuan in the first quarter, compared with 6 million 173 thousand yuan in the same period last year.
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