Lianfa Shares (002394): Net Profit In The First Half Of The Year Decreased By 42.81%

Lianfa (002394) released the semi annual performance report of 2022 on the evening of August 23. The company realized revenue of 2.281 billion yuan in the first half of 2022, with a year-on-year growth of 1.98%; The net profit was 59.3214 million yuan, down 44.13% year on year; The net profit attributable to shareholders of listed companies was 62.3376 million yuan, down 42.80% year on year; The basic earnings per share is 0.19 yuan.

In the first half of 2022, especially in April and may, textile enterprises in the most concentrated and most developed regions of the Yangtze River Delta with Shanghai as the center, faced with adverse factors such as the epidemic situation, poor logistics, sluggish consumption and insufficient domestic demand orders, as well as the conflict between Russia and Ukraine, which caused the price fluctuations of crude oil and raw materials, which made it more difficult for downstream enterprises to study and judge the market, It is difficult for the enterprise to operate. Through further integration of industrial chain, investment and transformation of intelligent manufacturing, scientific and technological innovation and product research and development, brand building and market development, the company has maintained a relatively stable development trend and hedged the impact of external adverse environment.