Jiaxin Silk (002404): Net Profit In The First Half Of The Year Increased By 82.79%

Jiaxin silk (002404) released the semi annual report of 2022 on the evening of August 26. In the first half of 2022, the company achieved a revenue of 2.182 billion yuan, a year-on-year increase of 34.07%. The net profit attributable to shareholders of listed companies was 120 million yuan, up 82.79% year on year. Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss was 95.581 million yuan, up 61.71% year on year. The basic earnings per share is 0.21 yuan / share.

In the first half of 2022, the demand of overseas clothing consumption market recovered. In recent years, the company has made remarkable achievements in customer structure adjustment and supply chain layout. During the report period, the clothing export business grew strongly, and the main business income and profit increased significantly year on year. During the report period, the total business income was 2.182 billion yuan, up 34.07% year-on-year; The net profit attributable to shareholders of listed companies was 120 million yuan, up 82.79% year on year. In terms of foreign trade business, we have continuously strengthened the awareness of customer service and supply chain construction, dug deep into the stock of customer resources, opened up new high-quality customers, and greatly increased the number of orders. During the reporting period, the company delivered 15.66 million pieces of clothing, a year-on-year increase of 100%. In terms of production and supply chain, the construction of headquarters, mainland and overseas production bases was continuously improved, and the supply chain foundation was consolidated. The production capacity of mainland and overseas production bases continued to release, and the proportion of production capacity increased to 43%, effectively undertaking incremental orders.