Haitian International's revenue in the first half of the year fell by 14.78%

China's largest injection molding equipment manufacturer, Haitian International Holdings .

Sales fell 178% year-on-year to 010 billion yuan

Net profit attributable to the parent decreased by 223% year-on-year to 909 million yuan

Gross profit margin increased to 36% (30% in the first half of 2018) due to the combined effect of the increase in export revenue in RMB and the slight decrease in raw material prices due to exchange rate fluctuatio.

Due to the continuous slowdown in the overall domestic economic growth, the sales of the main product Mars series are more sensitive to changes in the economic environme.

In response to the company's business development strategy and the needs of market industry upgrading and upgrading, the Zhafir Electric series achieved sales of RMB 773 million in the first half of 2019, an increase of 16% over the same period last ye.

Affected by the overall market of the automobile and home appliance industries, the sales of Jupiter two-platen injection molding machines decreased from RMB 835 million in 2018 to RMB 663 million, a year-on-year decrease of 2

The sales ratio of electric series injection molding machines to small tonnage injection molding machines and the sales ratio of two-platen injection molding machines to medium and large tonnage injection molding machines accounted for 25% (1H 2018: 12%) and 41% (1H 2018: 37%) respective.

In addition, for the future, Haitian said that it will continue to promote internal deepening reforms, introduce new management software platforms, increase the construction of a younger management team, and transform into a digital management factory to improve efficien.

(The above data are all from the public information of listed companies)