Zhejiang Longsheng (600352): Net Profit Growth Of 36% In The First Half, A Record High Profit In Revenue

Zhejiang Longsheng (600352) disclosed semi annual report. In the first half of 2019, the company achieved a total revenue of 9 billion 649 million yuan, an increase of 5.25% over the same period last year, resulting in a net profit of 2 billion 532 million yuan attributable to shareholders of the parent company, an increase of 36.23% over the same period last year. Earnings per share were 0.794 yuan. During the reporting period, some of the major dye companies in China continued to suspend production and rectification, and the demand for downstream enterprises was weak. But the company strives to improve the performance of the manufacturing sector, and achieves double breakthroughs in business revenue and profits.