Jiaxin Silk (002404): Net Profit Increased By 10.70% In The First Half Of The Year To 65.8859 Million Yuan

Jiaxin silk (002404. SZ) released the semi annual report of 2021. In the first half of 2021, the company achieved a revenue of 1.628 billion yuan, a year-on-year increase of 28.39%. The net profit attributable to the shareholders of the listed company was 65.8859 million yuan, with a year-on-year increase of 10.70%. The net profit attributable to the shareholders of the listed company after deducting non recurring profit and loss was 59.1074 million yuan, with a year-on-year increase of 33.46%. The basic earnings per share is 0.12 yuan.

During the reporting period, with the gradual recovery of overseas clothing consumption market, the company's export business recovered growth; Its own domestic brand "jinshanta" strengthened the research and development and marketing promotion of silk cultural and creative products, further optimized the marketing channels, increased sales by nearly 50%, and continued to improve its profitability and brand influence; Jincanwang cocoon silk supply chain service business innovation and extension, service system construction is increasingly perfect, business scale increased by 62%, total profit increased by 184%; Precision hardware business seized the European and American market under the impact of the epidemic, continued the growth trend of orders, overcame the adverse factors such as the rise of raw material prices and the appreciation of RMB, resulting in the sales volume and profit reaching a record high.