Xinye Textile's Net Profit Decreased By 15.09% To 153 Million In The First Half Of 2019.

Recently, the Xinye textile Limited by Share Ltd of Henan (hereinafter referred to as "Xinye textile") issued a semi annual report in 2019, which reported that the revenue during the reporting period was 2 billion 866 million yuan, down 10.75% compared with the same period last year. The net profit attributable to shareholders of listed companies was 153 million yuan, down 15.09% from the same period last year; the basic earnings per share were 0.1868 yuan, compared with 0.22 yuan in the same period last year.

It is understood that during the reporting period Xinye textile Operating income was 2 billion 866 million 76 thousand and 400 yuan, down 10.75% from the same period last year; net profit attributable to the parent company was 152 million 607 thousand and 700 yuan, a decrease of 15.09% over the same period last year. During the reporting period, the company took full advantage of the industrial chain and integrated internal resources to effectively link production and design of various links in raw materials, spinning, weaving, printing and dyeing industries, production management, product quality, energy consumption and other work to continuously develop the industry specialization and product refinement, enhance potential, improve quality and efficiency. Technological innovation: companies adhere to innovation driven, increase R & D investment, actively carry out industry university research cooperation, the company takes R & D platform as a carrier, actively carry out technological innovation and product development, during the reporting period, from the new raw materials, new processes, new functions, the key development of products has 9 series. The company has established a standardized intellectual property management system. As of June 30, 2019, the company has obtained 5 patents for invention, 72 patents for utility models, and 39 patents for design. The company has actively participated in the drafting and formulation of 29 national and industrial standards, and has released 15 items (including 3 national standards and 12 industry standards).

The announcement shows that among the ten major tradable shareholders, the 412 combination of the national social security fund of the social security institution is the new organization. In addition, the Industrial Commercial Bank of China Ltd southern big data 100 index investment fund is the new circulation shareholder.