Fine Arts shares in the first half of net profit 42.42 million Year-on-year growth 26%

NetEase Finance July 26, the fine arts shares in Shenzhen in the late Monday published 2010.5 annual report. In the first half of 2010, fine Arts shares realized operating income of 1.262 billion yuan, an increase of 136.26%, the total profit of 64.5915 million yuan, an increase of 38.55%; The net profit of the shareholder of the listed company 42.4235 million yuan, increase 25.88%　　Basic earnings per share of 0.3004 yuan, down 6.24% year-on-year. Fine Arts shares said during the reporting period, the country "home appliances to the countryside", "old for new" and other household appliances industry policy continue to implement, downstream domestic and foreign refrigeration industry manufacturers and distributors active production, stocking, fine arts stock production orders full, including machinery and equipment industry in the company engaged in the business market and operating environment,　　In particular, the first quarter was significantly better than the same period last year.　　Semi-annual reports show that, during the reporting period, the main raw materials prices of fine arts shares increased significantly year-on-year, in order to meet the operational needs of liquidity growth, the company increased bank loans, financial costs and pressure, at the same time affected by the macro environment, labor costs continue to rise.　　Fine Arts shares said that the company will be through product structure adjustment, speed up the operation turnover speed, enhance manufacturing efficiency, continue to invest in expanding production capacity and other means to strive for profitability growth over the increase in operating costs. For the second half of 2010, fine Arts shares said that the company will continue to promote the established 2010 Business plan, the implementation of fund-raising projects to build, improve employment and reasonable distribution mechanism, and constantly increase new technology development, new product input, and actively adjust the product and customer structure, effective control of operating costs,　　Make full use of the advantages of the industrial chain, through strengthening the integration of resources, improve production, quality and management, and strive to achieve the established 2010 annual business plan.　　Fine Arts shares are expected, 2009 1-September attributable to the shareholders of the listed company net profit of 45,832,891.54 Yuan; The main reason for the performance change is the growth of the company's production volume. Profit distribution scheme: Semi-annual reports show that the fine arts shares did not draw up medium-term profit distribution and Capital Provident Fund plan to increase equity.