Shenzhen Textile A (000045):2018 Performance Turned To 22 Million 980 Thousand And 600 Yuan In The First Quarter Net Profit Increased By 84.84%

2019/4/15 12:18:00 13257

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Ge Long Hui April 12th, Shenzhen textile A (000045.SZ) disclosed the 2018 annual performance bulletin, the company achieved operating income of 1 billion 272 million yuan, down 13.77% compared with the same period last year; net profit attributable to shareholders of listed companies was 22 million 980 thousand and 600 yuan, compared with a profit of 52 million 776 thousand and 100 yuan in the same period last year; basic earnings per share were 0.04 yuan.

During the reporting period, the main reasons for the sharp decrease in performance were: first, the adverse effects of the sale of the display terminal and the decline in prices; the selling price of the polarizer for the TV products of the company declined; two, the TFT-LCD two phase 6 line project was still in the climbing stage after the production was put into operation, resulting in the higher fixed cost of the product unit; three, it was affected by the decline of the RMB exchange rate, the purchase cost of imported raw materials increased, and the exchange losses increased; four, as the price of the products decreased, the increase in the inventory price was reduced.

In addition, the company disclosed the first quarter results announcement in 2019, and expected net profit of 10 million 381 thousand and 900 yuan attributable to shareholders of Listed Companies in the first quarter of 2019, an increase of 84.84% over the same period last year.

In the first quarter of 2019, the main reason for the growth of performance was that the import trade of prepaid equipment was completed in the reporting period in 2018, and there was no related trade in the same period last year.

During the reporting period, the company estimated that the impact of non recurring gains and losses on net profit attributable to shareholders of listed companies amounted to about 3 million 347 thousand and 700 yuan, mainly for government subsidy income.