Chiaki Report net profit reduced by 30% to be favored by institutions

Today, Chiaki Hi-Tech (000988, closing price 20.20 Yuan) announced 2010 years in the report, the first half of the company to achieve net profit of 20.6189 million yuan, down 31.67%. On the other hand, the company has won the popularity of the fund, which is the reason?　　A brokerage analyst told the Daily Economic news reporter that the decline in surface performance masked a sharp increase in seed profits, Chiaki Tech, the sleeping Seed Dragon, has begun to awaken. Rice's main business profits increased 45% today Chiaki High Division announced the first 2010 years of the seed industry, the first half of the company to achieve operating income of 594 million yuan, an increase of 54.86%, belong to the listed company shareholders of the net profit of 20.6189 million yuan, 31.67%, per share earnings 0.07 yuan.　　The net profit of the Non-recurrent profit is 29.7364 million yuan, and the growth rate is as high as 1107.09%. On the surface, Chiaki is not ideal for the middle of this year, especially when the seed industry has entered the boom, the 0.07-dollar performance is really hard to say, but is this true?　　"Daily economic news" reporter found that in fact, Chiaki in the first half of the performance fell 30%, mainly for the same period is not the main business base higher, and the company's main seed in the first half of this year but the performance eye-catching. The first half of the company's operating profit was flat, but last year's operating profit mainly from the transfer of Changsha Kerry Nonferrous Property Co., Ltd. 0.67156% Equity gains of investment income of 21.1177 million yuan and other investment income of 7.194 million yuan, and the current investment income is-9.1176 million yuan, operating profit mainly from the main business, of which the company's core business hybrid rice seed to achieve business income of 240.4177 million yuan, an increase of 8.66%, The achievement of hybrid rice seed main business profit of 86.6586 million yuan, an increase of 45.22%.　　The good performance of hybrid rice seed industry has become the most bright spot during the reporting period. In addition to its own hybrid rice business in the first half of the force, Chiaki Hi-tech this year acquired Beijing Tun Jade Seed industry also for the company's interim performance building blocks.　　In the first half of the company to achieve corn seed business income of 169.4134 million yuan, growth of up to 587.07%, in addition to the holding subsidiary of Dry Chili and chili products sales compared to last year, the first half of the income of 138.4455 million yuan, the growth of the same period as high as 153.66%. The securities analysts believe that non-core business is gradually stripped away, while the introduction of high-end talent in seed industry, all indications show that Chiaki High branch to do strong seed industry determination.　　While the first half of the year, despite a 30% decline in performance, but the decline in the surface performance has masked the company's hybrid rice, corn, dried chili and other main business has achieved optimistic growth, so Chiaki hi-tech This silence for a long time the dragon has gradually regained consciousness. In the second quarter 7 institutions to put up even though the interim results on the surface did not give investors too much surprise, but Chiaki tech centers have been closely watched by major agencies. "Daily economic news" reporter found, the first half to Chiaki Hi-tech field survey of the brokerage institutions up to 30, including Bosera, Hui Fu, Yifangda, Huaxia and other well-known fund companies. A broker analyst told reporters that the introduction of "seed industry magnate" Shi Shahe after Chiaki, the securities companies and institutions through in-depth exchanges with the company, to understand the company in the chairman of the Wu Yue era, determined to do bigger and stronger seed industry's core strategy has not changed in the past few years,　　This inspiring news has also become the firm's strongest bargaining chip for the long-term bullish Chiaki tech centers. "Daily economic news" reporter found that the top ten Chiaki in the top three flow of shareholders, there are 7 institutional investors, and all is the first entry in two quarters this year.　　Among them, China merchants held 6.0874 million shares in the medium term, after the big shareholder Changsha New Daxin, and two shareholder Hunan Hybrid Rice Center, ranked as the third largest shareholder. In addition, the Chiaki announced the interim results, but also announced to 8.44 million yuan acquisition of Chiaki Super Hybrid Rice Engineering Research Center Limited 45% Equity, after the acquisition of the company became Chiaki High Branch wholly-owned subsidiary. Chiaki, said the acquisition is conducive to the Hunan Chiaki Super Hybrid Rice Engineering Research Center Limited management, promote the company's scientific research system, promote the company's research and development system independent and unified.