Jiaxin Silk (002404): Annual Net Profit Increased 28.39% To 144 Million Yuan.

In February 27th, the 002404.SZ announced that in 2018, the company achieved a total revenue of 3 billion 181 million yuan, an increase of 14.71% over the previous year, a profit of 191 million yuan, an increase of 0.07% over the previous year, a total profit of 193 million yuan, an increase of 0.17% over the previous year, a net profit of 144 million yuan attributable to shareholders of listed companies, an increase of 28.39% over the previous year, and a basic earnings per share of 0.25 yuan, an increase of 17.65% over the same period last year.

The main reason for the change of the company's performance is that the main business of the company keeps stable growth. The depreciation of RMB has a positive impact on the improvement of business performance, and the net income of the exchange has increased. However, due to the non recurrent asset disposal business in the last year, the total profit of the report is basically the same as that of the previous year. Due to the higher income base of the nursery city and the higher profit base of the income tax expense, the income tax expense for the current year decreased more than that of the previous year. Therefore, the net profit attributable to the shareholders of the listed company increased by 28.39% over the same period.