33.67 million yuan net profit of Seagull sanitary ware

NetEase Finance July 30 News Seagull Sanitary Friday released 2010.5 Annual report. In the first half of 2010, The Seagull sanitary ware realized operating income 81,954.470,000 Yuan, 49,914 170,000 yuan growth 64.19% in the same period last year, realized operating profit 3,921 yuan, compared with the same period last year-380,000 yuan to increase 3.9541 million yuan, to achieve net profit 4,316, 3.6725 million yuan, a year earlier-6.5299 million yuan increased by 4,020.240,000 Yuan.　　Operating activities generated a net cash flow of 7,332.250,000 yuan, compared with the same period of 7,135 910,000 yuan increase 2.75%; basic earnings per share 0.1204 yuan.　　Semi-annual report, the first half of 2010, seagull bathroom customers are most quickly restored, the company orders increased significantly, the business year-on-year growth, the second quarter of business income quarter-on-quarter growth of 22.89%, net profit quarter-on-quarter growth of 67.78%, five consecutive quarterly rebound. Seagull Sanitary said that during the reporting period, the company's net profit rebounded significantly from the main factors: 1, affected by the global economic rebound, the global construction industry continued to rebound, the report period of the company's orders have returned to normal level, the first half of the year's operating income growth of 64.19%; 2 Good product rate and productivity improvement, product price increase, unit fixed cost decline and other factors to increase the reporting period gross profit margin of about 6.96%; 3, the reporting period received government subsidies increased by 4.4603 million yuan, so that net profit rose; 4, the company raises the investment project production capacity gradually release, has the stronger manufacture service ability,　　In the industry competition in a favorable position.　　Profit distribution: Seagull Sanitary said, the company 2010 medium-term No profit distribution plan, no Provident fund to increase the capital plan. Related topics: Semi-annual report of 2010 listed Companies