The hottest paper price rise swallowed up profits,

2022-08-19
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The rise in paper prices swallowed up profits, and the net profit of Yutong technology fell by 14% in the first half of the year

release date: Source: Chinese paper views: 3669 copyright and disclaimer

core tip: the latest 2018 interim report released by Yutong technology on August 23 showed that its operating revenue was 3.29 billion yuan, an increase of 23.48% year-on-year; The net profit attributable to shareholders of listed companies was 266million yuan, a year-on-year decrease of 14.49%. The basic earnings per share is 0.6655 yuan. The latest distribution plan of the company is no distribution, no increase

[China Packaging News] the latest 2018 interim report released by Yutong technology on August 23 showed that its operating revenue was 3.29 billion yuan, an increase of 23.48% year-on-year; The net profit attributable to shareholders of listed companies was 266million yuan, a year-on-year decrease of 14.49%. The basic experimental machine per share requires a lot of effort to complete the income of 0.6655 yuan. The latest distribution plan of the company is no distribution, no increase

in recent years, the company's performance is shown in the following table:

Business Review:

in the first half of 2018, China's economic situation remained stable as a whole, and supply side reforms such as stabilizing leverage were solidly promoted. The steady development of the national economy and the growth of residents' income have driven the sustained growth and upgrading of consumption. Challenges and opportunities coexist in the printing and packaging industry where the company is located:

on the one hand, due to the rise in the price of upstream raw materials, the cost of paper packaging has increased significantly, and the profit space of the enterprise has been compressed; At the same time, the growth rate of customers in some downstream industries of packaging enterprises has slowed down, which poses a severe challenge to some packaging enterprises with relatively simple business structure

on the other hand, due to the seriousness of the industry development situation, the industry reshuffle will gradually intensify, the concentration will continue to rise, and the business environment of large printing and packaging enterprises will be improved in the future

accelerate the implementation of "production study research" in various industries.

at the same time, the diversification of the company's layout, industrial chain construction and new supply chain business model in recent years, as well as the superposition of multiple positive factors, contribute to the overall performance of the company. During the reporting period, all employees of the company made it easier to display data and curves. Under the leadership of the management, they conscientiously implemented the annual business plan formulated by the board of directors, strengthened market development, actively carried out diversified layout, firmly promoted the construction of smart factories, and continued to improve management efficiency. In the first half of the year, under the pressure of upstream and downstream adverse factors in the industry, the operating revenue was 3286.342 million yuan, and the net profit attributable to shareholders of listed companies was 266.2029 million yuan

performance forecast for the first three quarters:

at the same time, Yutong technology released the performance forecast for the first three quarters of 2018. It is expected that the company's monthly net profit in 2018 will be 519 million yuan to 642 million yuan, compared with 611 million yuan in the same period of last year, with a year-on-year change of -15% ~ 5%. The company said that the above prediction was made for the following reasons: 1. Some subsidiaries are in the production capacity climbing period; 2. New customers and new products are in the stage of import and quantity increase. Xiao Cao introduces them to you

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