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Trade Service
A few days ago, Yongding Co.
, Ltd.
announced the first half of 2016 financial report
.
The financial report shows that the revenue in the first half of the year was 1.
050 billion yuan, a year-on-year increase of 8.
68%; The net profit was 114 million, a year-on-year increase of 21.
11%.
The revenue of optical cable and equipment business of Yongding Co.
, Ltd.
was 497 million yuan, down 3.
52%
from the same period last year.
The announcement pointed out that the second phase of the optical fiber project construction launched by the company in 2015 has been officially put into operation in April 2016, easing the tight situation of optical fiber supply; In 2015, the company invested funds to further expand and intelligently transform the optical cable production capacity, and also fully completed the production
in the first quarter of 2016.
In the first half of the year, it also started and completed the separation of communication cables from the joint-stock company, established a subsidiary Suzhou Yongding Cable Technology Co.
, Ltd.
, and let the core management of the subsidiary invest in shares to improve the enthusiasm of
the core management personnel.
In terms of optical components, communication power lines and low-voltage cables, we have increased the development of the radio and television market, China's tower market, and the decoration and decoration market, and achieved remarkable results
.
According to the business plan of Yongding Co.
, Ltd.
, the annual target revenue is 2.
5 billion yuan and the total profit is 150 million yuan
.
First-half revenue achieved 42%
of the full-year target.
Despite the overall performance growth, Yongding's optical cable business declined in the first half of the year, mainly due to
some overseas engineering projects.
The revenue of optical cable, cable and equipment business of Yongding Co.
, Ltd.
was 497 million yuan, down 3.
52%
from the same period last year.
A few days ago, Yongding Co.
, Ltd.
announced the first half of 2016 financial report
.
The financial report shows that the revenue in the first half of the year was 1.
050 billion yuan, a year-on-year increase of 8.
68%; The net profit was 114 million, a year-on-year increase of 21.
11%.
The revenue of optical cable and equipment business of Yongding Co.
, Ltd.
was 497 million yuan, down 3.
52%
from the same period last year.
The announcement pointed out that the second phase of the optical fiber project construction launched by the company in 2015 has been officially put into operation in April 2016, easing the tight situation of optical fiber supply; In 2015, the company invested funds to further expand and intelligently transform the optical cable production capacity, and also fully completed the production
in the first quarter of 2016.
In the first half of the year, it also started and completed the separation of communication cables from the joint-stock company, established a subsidiary Suzhou Yongding Cable Technology Co.
, Ltd.
, and let the core management of the subsidiary invest in shares to improve the enthusiasm of
the core management personnel.
In terms of optical components, communication power lines and low-voltage cables, we have increased the development of the radio and television market, China's tower market, and the decoration and decoration market, and achieved remarkable results
.
According to the business plan of Yongding Co.
, Ltd.
, the annual target revenue is 2.
5 billion yuan and the total profit is 150 million yuan
.
First-half revenue achieved 42%
of the full-year target.
Despite the overall performance growth, Yongding's optical cable business declined in the first half of the year, mainly due to
some overseas engineering projects.
The revenue of optical cable, cable and equipment business of Yongding Co.
, Ltd.
was 497 million yuan, down 3.
52%
from the same period last year.
