In the first half of the year, the net profit of m

2022-08-11
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What is the root cause of the 122.13% year-on-year increase in the net profit of Lishu shares in the first half of the year

release date: Source: Carton micro vision editor: Yu Jia Views: 12440 copyright and disclaimer

core tips: [China Packaging News] on August 4, 2017, Lishu shares disclosed the semi annual report for the first half of 2017. During the reporting period, Lishu shares achieved a revenue of 192 million yuan, an increase of 11.16% year-on-year; Actually, but the new products of sculpteo are still unclear

[China Packaging News] on August 4, 2017, Lishu shares disclosed the semi annual report for the first half of 2017. During the reporting period, Lishu shares achieved a revenue of 192 million yuan, an increase of 11.16% year-on-year; The net profit was 31.1665 million yuan, a year-on-year increase of 122.13%. Lishu shares said that the growth of revenue and profits is closely related to the deepening of supply side reform

the first half revenue of Lishu shares reached 192 million yuan

the net profit was 31.1665 million yuan

on August 4, 2017, Lishu shares disclosed the 2017 semi annual report. In the first half of the year, Lishu achieved a revenue of 192million yuan, an increase of 11.16% year-on-year; The net profit attributable to the shareholders of the listed company was 31.1665 million yuan, an increase of 122.13% year-on-year

main revenue comes from corrugated paper and core paper

in terms of main revenue, this year's main revenue is 192 million yuan, which still accounts for a large proportion of all marketing revenue. This year, the main revenue mainly comes from the sales of corrugated paper and corrugated core paper, with revenue of 120million yuan and 71.63 million yuan respectively

phase II project is in full swing

the annual income in the future will reach 1billion yuan

in June this year, Lishu shares had a directional capital increase, and the funds raised were mainly to further invest in the construction of "Fujian Lishu high strength corrugated paper phase II project", with a total investment of 360million yuan

the project mainly produces white paperboard for table agricultural products packaging. Do you dare to live at present? The project has been completed by 10%, and it is expected to be completed in 2018. It can bring benefits into play in 2019. At that time, the annual sales revenue of Lishu shares will reach 1billion yuan, and the most conservative estimate of profit is 140million yuan

supply side reform boosted revenue growth

after Lishu shares was successfully listed on the new third board in August 2015, through multiple directional capital increases, the tension of working capital was eased, and the capacity utilization rate was further improved. With the deepening of supply side reform, the backward production capacity in the industry has accelerated to be eliminated, while the downstream market demand has continued to grow rapidly, the market supply exceeds demand has intensified, and the domestic corrugated paper market boom has significantly improved

in 2017, the average selling price of Lishu corrugated products increased compared with the same period of the previous year. In 2017, the production and sales rate of corrugated paper was 88.43%, and the net cash flow from operating activities reached 36.7349 million yuan, an increase of 75.85% over the same period of the previous year. The quality of earnings was significantly improved. In addition, tax incentives and government policy support have also promoted the growth of net profits

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