China Wood Optimization 1H 2016 net profit surges 50%

市場: 面板
八月 31, 2016

China Wood Optimization (Holding) Limited has announced its FY2016 interim results. The Group’s businesses continued to show rapid growth during the period and its net profit surged nearly 50% year-on-year.

For the six months ended 30 June 2016, the Group’s revenue increased by approximately 22.5% year-on-year to about RMB 294.3 million ($37.9 million), mainly attributable to the rise in revenue of less-shaved processed wood panels.

During the period, there was a general increase in the average selling price (ASP) across all product segments of the Group, with the ASP of less-shaved processed wood panels increasing by around 2.5% to about RMB 3,421 ($0.44) per cubic meter, boosting the Group’s overall gross profit margin by 2.8 percentage points to 25.7%.

Accordingly, profit from operations soared 65.9% year-on-year to RMB 50.6 million ($6.5 million) and profit attributable to equity shareholders grew by about 49.8% to approximately RMB 36.7 million ($4.7 million).

Ms. Yim Tsun, Chairman of China Wood Optimization, said, “The Group’s business has continued to grow steadily in the first half of 2016, recording a year-on-year increase in revenue, gross profit margin and net profit. Looking ahead, we intend to continue to increase production capacity, extend the application spectrum and improve the quality of our products. We will also hire more research and development specialists to strengthen

our expertise and know-how for product development, while expanding sales volume through leveraging our sales offices and the Huai’an Factory. These initiatives will help us further promote the application of processed wood products, in particular the less-shaved processed wood panels, in the PRC.”

China Wood Optimization (Holding) Limited is an advanced new technology group engaged in processing, manufacturing and sales of wood products.




主題: 财务

評論

喜歡這一點,你需要註冊。
要做到這一點,請輸入您的姓名和電子郵件地址。
名稱:
姓:
電子郵件:
性別:
如果您已經註冊,
請輸入您的詳細信息 這裡
要留下意見,你需要註冊。
要做到這一點,請輸入您的姓名和電子郵件地址。
名稱:
姓:
電子郵件:
性別:
如果您已經註冊,
請輸入您的詳細信息 這裡
我們歡迎通過相關的意見和數據推動故事的評論。如果你看到一個評論,您認為是無關緊要的或不適當的,可以將其標記為我們的編輯使用報告濫用鏈接。在表達意見的看法,並不代表Lesprom網絡。有關我們註釋策略的更多信息,請參見: http://www.lesprom.com/legal/comment_policy/
返回頁首