Sifang's semi-annual net profit of 34.47 million yuan increased by about 18% year-on-year
On August 6, Sifangda released the semi-annual report for 2018. The company realized operating income of 176 million yuan from January to June 2018, a year-on-year increase of 17.95%; the average operating income of the general equipment industry grew by 36.62%; belonging to shareholders of listed companies. The net profit was 34.478 million yuan, down 15.76% year-on-year. The average net profit growth rate of the general equipment industry was 15.11%, and the company's earnings per share was 0.07 yuan. The company said that during the reporting period, the company's operating income increased by about 18% compared with the same period of the previous year. The net profit attributable to shareholders of listed companies decreased year-on-year, mainly due to the company's implementation of the restricted stock incentive plan. The amortization expense was confirmed during the reporting period was approximately 10,124,900. In addition, the appreciation of the renminbi has an impact on the company's net profit. During the reporting period, the company's net profit increased by approximately RMB 3,573,400 due to non-recurring gains and losses.
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