echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Rubber Plastic News > In the first three quarters of 2020, Yizumi expects earnings to increase by 21.35%-27.57% year-on-year

    In the first three quarters of 2020, Yizumi expects earnings to increase by 21.35%-27.57% year-on-year

    • Last Update: 2022-08-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Recently, Guangdong Yizumi Precision Machinery Co.
    , Ltd.
    (referred to as "Yizumi") released a forecast for the first three quarters of 2020.
    It is expected that from January 1 to September 30, 2020, the profit will be 216.
    088 million yuan - 227.
    1694 million yuan , a year-on-year increase of 21.
    35%-27.
    57% compared to the same period last year as a profit of 178.
    0762 million yuan


    .


    Results forecast for the first three quarters of 2020

    It is understood that due to the impact of the epidemic, the company's resumption of work and production was delayed, and daily business activities were affected.
    Yizumi's operating income fell sharply in the first quarter, and there was a net profit loss


    .


    In the second and third quarters, the domestic epidemic was effectively controlled, the domestic market, especially the domestic market for injection molding machines, recovered rapidly, and production and operation resumed in an orderly manner


    .


    Overall, the operating conditions in the third quarter of 2020 are in line with the company's expectations.
    It is estimated that the operating income in the third quarter is about 797 million yuan, an increase of about 64% over the same period of the previous year, setting a new high for the company's single-quarter operating income; The net profit to shareholders of listed companies is RMB 115 million - RMB 126 million, which is a new record for the company's net profit attributable to shareholders of listed companies in a single quarter after the second quarter of 2020; the estimated operating income for the first three quarters of 2020 is approximately RMB 1.
    867 billion Yuan, a year-on-year increase of 15%


    .




    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.