Huamao Shares (000850):2019 Net Profit 198 Million Increased By 66.59%

In April 21st, Huamao stock (000850) recently released its annual report in 2019. The announcement shows that the revenue in the reporting period was 2978917084.94 yuan, an increase of 7.10% over the same period. The net profit attributable to shareholders of listed companies was 197696542.01 yuan, up 66.59% over the same period last year; the basic earnings per share were 0.21 yuan, and 0.13 yuan in the same period last year.

It is understood that during the reporting period, the company received Guotai Junan Guoan Junan dividends 18 million 590 thousand yuan, GF Securities dividends 4 million 100 thousand yuan, Hui Merchants Bank dividends 4 million yuan, Optics Valley financial leasing dividends 2 million 780 thousand yuan, Chongqing gravel dividends 2 million yuan, net software dividend 72 thousand yuan, disposal of Guo Taijun Ann stock 20 million 25 thousand and 600 shares, get investment income 113 million yuan, return the funds 421 million yuan.

By the end of the reporting period, the company held 67 million 600 thousand shares of Guotai Junan, holding 20 million 500 thousand shares of GF Securities, holding 3 million 271 thousand and 500 shares of Tuwei information, holding 2 million 400 thousand shares of Internet software and holding 71 million 486 thousand and 900 shares of Hui Merchants Bank.

During the reporting period, the company achieved operating income of 2 billion 979 million yuan, up 7.10% over the same period last year, and realized net profit of 158 million yuan, up 63.69% over the same period last year, of which the net profit attributable to parent company was 198 million yuan, up 66.59% over the same period last year. Basic earnings per share of 0.21 yuan, net assets per share of 4.50 yuan.

Statistics show that Huamao stock focuses on pure, blended yarn and its fabrics, knitwear, clothing, printing and dyeing of cotton, wool, linen, silk and man-made fibers; sales of textile equipment and accessories, home textiles, and investment management. Our products include yarn series, grey fabric series, yarn dyed fabric series and functional industrial cloth.